Jeff Lawson - Sep 3, 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
Stock symbol
TWLO
Transactions as of
Sep 3, 2021
Transactions value $
$0
Form type
4
Date filed
9/7/2021, 04:35 PM
Previous filing
Aug 18, 2021
Next filing
Sep 8, 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 +150K +335.5% $0.00 195K Sep 3, 2021 By Lawson Revocable Trust F1
transaction TWLO Class A Common Stock Gift $0 -150K -77.04% $0.00 44.7K Sep 3, 2021 By Lawson Revocable Trust F1, F2
holding TWLO Class A Common Stock 113K Sep 3, 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 -150K -3.11% $0.00 4.67M Sep 3, 2021 Class A Common Stock 150K By Lawson Revocable Trust F1, F4
holding TWLO Class B Common Stock 1.03M Sep 3, 2021 Class A Common Stock 1.03M 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.