Richard L. Dalzell - 15 Dec 2021 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Director
Signature
/s/ Mariam Sattar as attorney in fact for Reporting Person
Issuer symbol
TWLO
Transactions as of
15 Dec 2021
Net transactions value
-$390,875
Form type
4
Filing time
17 Dec 2021, 15:46:15 UTC
Previous filing
17 Nov 2021
Next filing
24 Jan 2022
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 Award $0 +259 +2% $0.000000 13,403 15 Dec 2021 Direct F1
transaction TWLO Class A Common Stock Conversion of derivative security $0 +1,000 +7.5% $0.000000 14,403 15 Dec 2021 Direct
transaction TWLO Class A Common Stock Sale $125,875 -500 -3.5% $251.75 13,903 15 Dec 2021 Direct F2
transaction TWLO Class A Common Stock Sale $130,000 -500 -3.6% $260.00 13,403 15 Dec 2021 Direct F2
transaction TWLO Class A Common Stock Conversion of derivative security $0 +500 +3.7% $0.000000 13,903 16 Dec 2021 Direct
transaction TWLO Class A Common Stock Sale $135,000 -500 -3.6% $270.00 13,403 16 Dec 2021 Direct F2

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 -1,000 -1.3% $0.000000 77,000 15 Dec 2021 Class B Common Stock 1,000 $3.86 Direct F3, F4
transaction TWLO Class B Common Stock Options Exercise $0 +1,000 $0.000000 1,000 15 Dec 2021 Class A Common Stock 1,000 Direct F4
transaction TWLO Class B Common Stock Conversion of derivative security $0 -1,000 -100% $0.000000* 0 15 Dec 2021 Class A Common Stock 1,000 Direct F4
transaction TWLO Employee Stock Option (right to buy) Options Exercise $0 -500 -0.65% $0.000000 76,500 16 Dec 2021 Class B Common Stock 500 $3.86 Direct F3, F4
transaction TWLO Class B Common Stock Options Exercise $0 +500 $0.000000 500 16 Dec 2021 Class A Common Stock 500 Direct F4
transaction TWLO Class B Common Stock Conversion of derivative security $0 -500 -100% $0.000000* 0 16 Dec 2021 Class A Common Stock 500 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs reported vested immediately on the date of grant.
F2 The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 6/9/2021.
F3 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.
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.