Jeff Lawson - May 17, 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
Stock symbol
TWLO
Transactions as of
May 17, 2021
Transactions value $
-$944,607
Form type
4
Date filed
5/19/2021, 06:16 PM
Previous filing
May 12, 2021
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Tax liability -$945K -3.16K -2.42% $299.40 127K May 17, 2021 Direct F1, F2
transaction TWLO Class A Common Stock Gift $0 -3.21K -2.52% $0.00 124K May 17, 2021 Direct F2, F3
transaction TWLO Class A Common Stock Gift $0 +3.21K +7.66% $0.00 45.1K May 17, 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.