| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TWLO | Class A Common Stock | Tax liability | $0 | -3.16K | -2.92% | $0.00 | 105K | Nov 15, 2021 | Direct | F1, F2 |
| transaction | TWLO | Class A Common Stock | Gift | $0 | -3.21K | -3.06% | $0.00 | 102K | Nov 15, 2021 | Direct | F2, F3 |
| transaction | TWLO | Class A Common Stock | Gift | $0 | +3.21K | +6.81% | $0.00 | 50.3K | Nov 15, 2021 | By Lawson Revocable Trust | F4, F5 |
| transaction | TWLO | Class A Common Stock | Conversion of derivative security | $0 | +12.5K | +24.85% | $0.00 | 62.8K | Nov 15, 2021 | By Lawson Revocable Trust | F5 |
| transaction | TWLO | Class A Common Stock | Sale | -$709K | -2.34K | -3.72% | $303.22 | 60.5K | Nov 15, 2021 | By Lawson Revocable Trust | F5, F6, F7 |
| transaction | TWLO | Class A Common Stock | Sale | -$1.83M | -6K | -9.93% | $304.40 | 54.5K | Nov 15, 2021 | By Lawson Revocable Trust | F5, F6, F8 |
| transaction | TWLO | Class A Common Stock | Sale | -$293K | -960 | -1.76% | $305.43 | 53.5K | Nov 15, 2021 | By Lawson Revocable Trust | F5, F6, F9 |
| transaction | TWLO | Class A Common Stock | Sale | -$691K | -2.26K | -4.22% | $306.17 | 51.2K | Nov 15, 2021 | By Lawson Revocable Trust | F5, F6, F10 |
| transaction | TWLO | Class A Common Stock | Sale | -$290K | -944 | -1.84% | $307.47 | 50.3K | Nov 15, 2021 | By Lawson Revocable Trust | F5, F6, F11 |
| transaction | TWLO | Class A Common Stock | Conversion of derivative security | $0 | +1.5K | $0.00 | 1.5K | Nov 15, 2021 | By Lawson 2014 Irrevocable Trust | F12 | |
| transaction | TWLO | Class A Common Stock | Sale | -$457K | -1.5K | -100% | $304.56 | 0 | Nov 15, 2021 | By Lawson 2014 Irrevocable Trust | F6, F12 |
| 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 | -1.5K | -0.15% | $0.00 | 1.03M | Nov 15, 2021 | Class A Common Stock | 1.5K | By Lawson 2014 Irrevocable Trust | F12, F13 | |
| transaction | TWLO | Class B Common Stock | Conversion of derivative security | $0 | -12.5K | -0.27% | $0.00 | 4.61M | Nov 15, 2021 | Class A Common Stock | 12.5K | By Lawson Revocable Trust | F5, F13 |
| Id | Content |
|---|---|
| F1 | Represents shares of Class A common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of Restricted Stock Units ("RSUs"). |
| F2 | A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock. |
| F3 | Represents shares that were contributed by the Reporting Person to the Reporting Person's trust. |
| F4 | Represents the shares received by the Reporting Person's trust. |
| F5 | Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11. |
| F6 | The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/7/2021. |
| F7 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.6200 to $303.6100 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F8 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.7250 to $304.7000 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F9 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.7750 to $305.7550 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F10 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.9150 to $306.5150 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F11 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.0350 to $307.9650 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F12 | JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust. |
| F13 | 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. |