Richard L. Dalzell - Aug 17, 2021 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Director
Signature
/s/ Mariam Sattar as attorney in fact for Reporting Person
Stock symbol
TWLO
Transactions as of
Aug 17, 2021
Transactions value $
-$516,000
Form type
4
Date filed
8/19/2021, 04:23 PM
Previous filing
Aug 2, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Conversion of derivative security $0 +1.5K +11.6% $0.00 14.4K Aug 17, 2021 Direct
transaction TWLO Class A Common Stock Sale -$516K -1.5K -10.39% $344.00 12.9K Aug 17, 2021 Direct F1

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
transaction TWLO Employee Stock Option (right to buy) Options Exercise $0 -1.5K -1.79% $0.00 82.5K Aug 17, 2021 Class B Common Stock 1.5K $3.86 Direct F2, F3
transaction TWLO Class B Common Stock Options Exercise $0 +1.5K $0.00 1.5K Aug 17, 2021 Class A Common Stock 1.5K Direct F3
transaction TWLO Class B Common Stock Conversion of derivative security $0 -1.5K -100% $0.00* 0 Aug 17, 2021 Class A Common Stock 1.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/9/2021.
F2 The shares subject to the option vested in 36 equal installments commencing on March 25, 2014. The shares subject to the option are fully vested and exercisable by the Reporting Person.
F3 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.