Jeff Lawson - 03 Sep 2021 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Bryan Warner as attorney in fact for Reporting Person
Issuer symbol
TWLO
Transactions as of
03 Sep 2021
Net transactions value
$0
Form type
4
Filing time
07 Sep 2021, 16:35:38 UTC
Previous filing
18 Aug 2021
Next filing
08 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 Conversion of derivative security $0 +150,000 +335% $0.000000 194,710 03 Sep 2021 By Lawson Revocable Trust F1
transaction TWLO Class A Common Stock Gift $0 -150,000 -77% $0.000000 44,710 03 Sep 2021 By Lawson Revocable Trust F1, F2
holding TWLO Class A Common Stock 112,843 03 Sep 2021 Direct F3

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 Class B Common Stock Conversion of derivative security $0 -150,000 -3.1% $0.000000 4,668,322 03 Sep 2021 Class A Common Stock 150,000 By Lawson Revocable Trust F1, F4
holding TWLO Class B Common Stock 1,033,205 03 Sep 2021 Class A Common Stock 1,033,205 By Lawson 2014 Irrevocable Trust F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
F2 The shares reported in this transaction represent a bona-fide charitable gift to a Donor Advised Fund.
F3 A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
F4 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.
F5 JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.