| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TWLO | Class A Common Stock | Sale | -$194K | -661 | -0.65% | $293.60 | 102K | May 17, 2021 | Direct | F1, F2, F3, F4 |
| transaction | TWLO | Class A Common Stock | Sale | -$380K | -1.28K | -1.26% | $297.44 | 100K | May 17, 2021 | Direct | F1, F3, F5 |
| transaction | TWLO | Class A Common Stock | Sale | -$67.2K | -225 | -0.22% | $298.61 | 100K | May 17, 2021 | Direct | F1, F3, F6 |
| transaction | TWLO | Class A Common Stock | Sale | -$371K | -1.24K | -1.24% | $299.62 | 98.9K | May 17, 2021 | Direct | F1, F3, F7 |
| transaction | TWLO | Class A Common Stock | Sale | -$163K | -544 | -0.55% | $300.45 | 98.3K | May 17, 2021 | Direct | F1, F3, F8 |
| transaction | TWLO | Class A Common Stock | Sale | -$101K | -332 | -0.34% | $302.98 | 98K | May 17, 2021 | Direct | F1, F3, F9 |
| transaction | TWLO | Class A Common Stock | Sale | -$62.9K | -207 | -0.21% | $303.71 | 97.8K | May 17, 2021 | Direct | F1, F3, F10 |
| Id | Content |
|---|---|
| F1 | Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person. |
| F2 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.3550 to $293.9800 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F3 | A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. |
| F4 | Includes 89 shares acquired by the Reporting Person pursuant to the Issuer's 2016 Employee Stock Purchase Plan on May 14, 2021. |
| F5 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.000 to $297.9900 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F6 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $298.0300 to $298.9100 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F7 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.0500 to $300.0200 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F8 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.0900 to $300.7600 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F9 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.4700 to $303.4600 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F10 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.5500 to $303.7900 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |