Erika Rottenberg - 03 Jun 2021 Form 4/A - Amendment Insider Report for TWILIO INC (TWLO)

Role: Director
Signature: /s/ Karyn Smith as attorney in fact for Reporting Person
Issuer symbol: TWLO
Transactions as of: 03 Jun 2021
Net transactions value: -$492,630
Form type: 4/A - Amendment
Filing time: 09 Jun 2021, 18:42:07 UTC
Date Of Original Report: 07 Jun 2021
Next filing: 17 Sep 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	Gift	$0	-1,595	-100%	$0.000000^*	0	03 Jun 2021	Direct	F1
transaction	TWLO	Class A Common Stock	Gift	$0	+1,595	+22%	$0.000000	8,932	03 Jun 2021	By Trust	F2, F3
transaction	TWLO	Class A Common Stock	Sale	$492,630	-1,500	-17%	$328.42	7,432	03 Jun 2021	By Trust	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TWLO	Class B Common Stock						15,300	03 Jun 2021	Class A Common Stock	15,300		By Trust	F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
F2	Represents the shares received by the Reporting Person's trust.
F3	Shares are held by The Erika Rottenberg Revocable Trust.
F4	The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 3/10/2020.
F5	Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.
F6	On June 3, 2021, the stock broker inadvertently reported that the reporting person converted Class B common stock to Class A common stock to be sold under the reporting person's 10b5-1 plan. This conversion did not occur and previously acquired shares of Class A common stock was sold. As of June 3, 2021, the reporting person owned 15,300 shares of Class B common stock.