Jeff Lawson - 14 Oct 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
14 Oct 2021
Net transactions value
-$4,942,000
Form type
4
Filing time
18 Oct 2021, 18:21:05 UTC
Previous filing
06 Oct 2021
Next filing
17 Nov 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 +1,500 $0.000000 1,500 14 Oct 2021 By Lawson 2014 Irrevocable Trust F1
transaction TWLO Class A Common Stock Sale $529,500 -1,500 -100% $353.00* 0 14 Oct 2021 By Lawson 2014 Irrevocable Trust F1, F2
transaction TWLO Class A Common Stock Conversion of derivative security $0 +12,500 +27% $0.000000 59,591 14 Oct 2021 By Lawson Revocable Trust F3
transaction TWLO Class A Common Stock Sale $4,412,500 -12,500 -21% $353.00* 47,091 14 Oct 2021 By Lawson Revocable Trust F2, F3
holding TWLO Class A Common Stock 108,119 14 Oct 2021 Direct 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
transaction TWLO Class B Common Stock Conversion of derivative security $0 -1,500 -0.15% $0.000000 1,027,205 14 Oct 2021 Class A Common Stock 1,500 By Lawson 2014 Irrevocable Trust F1, F5
transaction TWLO Class B Common Stock Conversion of derivative security $0 -12,500 -0.27% $0.000000 4,618,322 14 Oct 2021 Class A Common Stock 12,500 By Lawson Revocable Trust F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.
F2 The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/7/2021.
F3 Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
F4 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.
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.