Jeff Lawson - 17 May 2021 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Karyn Smith as attorney in fact for Reporting Person
Issuer symbol
TWLO
Transactions as of
17 May 2021
Net transactions value
-$944,607
Form type
4
Filing time
19 May 2021, 18:16:55 UTC
Previous filing
12 May 2021
Next filing
23 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Tax liability $944,607 -3,155 -2.4% $299.40 127,136 17 May 2021 Direct F1, F2
transaction TWLO Class A Common Stock Gift $0 -3,207 -2.5% $0.000000 123,929 17 May 2021 Direct F2, F3
transaction TWLO Class A Common Stock Gift $0 +3,207 +7.7% $0.000000 45,079 17 May 2021 By Lawson Revocable Trust F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of Restricted Stock Units ("RSUs").
F2 A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
F3 Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
F4 Represents the shares received by the Reporting Person's trust.
F5 Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.