Filing Details

Accession Number:
0001447669-21-000082
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-03 18:24:04
Reporting Period:
2021-03-01
Accepted Time:
2021-03-03 18:24:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1447669 Twilio Inc TWLO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1386396 George Hu C/O Twilio Inc.
101 Spear Street, First Floor
San Francisco CA 94105
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-03-01 5,000 $31.72 109,573 No 4 M Direct
Class A Common Stock Disposition 2021-03-01 5,000 $405.03 104,573 No 4 S Direct
Class A Common Stock Acquisiton 2021-03-02 4,316 $31.72 108,889 No 4 M Direct
Class A Common Stock Disposition 2021-03-02 4,316 $416.00 104,573 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (right to buy) Disposition 2021-03-01 5,000 $0.00 5,000 $31.72
Class A Common Stock Employee Stock Option (right to buy) Disposition 2021-03-02 4,316 $0.00 4,316 $31.72
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,782 2024-02-27 No 4 M Direct
20,466 2024-02-27 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Employee Stock Option (right to buy) $31.72 2024-02-27 185,000 185,000 Direct
Class A Common Stock Employee Stock Option (right to buy) $31.72 2024-02-27 185,000 185,000 Direct
Class A Common Stock Employee Stock Option (right to buy) $31.72 2024-02-27 185,000 185,000 Direct
Class A Common Stock Employee Stock Option (right to buy) $33.01 2028-02-19 96,214 96,214 Direct
Class A Common Stock Employee Stock Option (right to buy) $111.32 2029-01-30 73,798 73,798 Direct
Class A Common Stock Employee Stock Option (right to buy) $117.94 2030-02-21 58,559 58,559 Direct
Class A Common Stock Employee Stock Option (right to buy) $377.59 2031-02-24 18,126 18,126 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-02-27 185,000 185,000 Direct
2024-02-27 185,000 185,000 Direct
2024-02-27 185,000 185,000 Direct
2028-02-19 96,214 96,214 Direct
2029-01-30 73,798 73,798 Direct
2030-02-21 58,559 58,559 Direct
2031-02-24 18,126 18,126 Direct
Footnotes
  1. A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
  2. The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 9/6/2020.
  3. The shares subject to the stock option vest as follows: 25% of the stock option vested on February 28, 2018 and the remaining shares subject to the stock option shall vest in equal monthly installments over the following three years, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  4. The shares subject to the stock option vest as follows: 50% of the stock option vested on March 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  5. The shares subject to the stock option vest as follows: 50% of the stock option vested on June 30, 2019 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  6. The shares subject to the stock option vest as follows: 50% of the stock option vested on December 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  7. The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2018, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
  8. The stock option vests as follows: 33% of the stock option shall vest on December 31, 2020, 33% of the stock option shall vest on December 31, 2021 and 34% of the stock option shall vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  9. The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2019, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2019 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.
  10. The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2020, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2020 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2020, subject to the Reporting Person's continued service to the Issuer through each vesting date.