Marc Boroditsky - Dec 15, 2021 Form 3/A - Amendment Insider Report for TWILIO INC (TWLO)

Role
Chief Revenue Officer
Signature
/s/ Mariam Sattar as attorney in fact for Reporting Person
Stock symbol
TWLO
Transactions as of
Dec 15, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/29/2021, 03:34 PM
Date Of Original Report
Dec 17, 2021
Previous filing
Aug 11, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TWLO Class A Common Stock 61.9K Dec 15, 2021 Direct F1

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
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class B Common Stock 46.3K $7.07 Direct F2
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class A Common Stock 23.2K $41.22 Direct F3
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class A Common Stock 24.8K $116.30 Direct F4
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class A Common Stock 19.5K $126.71 Direct F5
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class A Common Stock 12.8K $367.65 Direct F6
holding TWLO Employee Stock Option (right to buy) Dec 15, 2021 Class A Common Stock 32.4K $298.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 This award originally represented an option to purchase 25,154 shares, of which 2,000 options have been exercised. The shares subject to this option vest in 48 equal monthly installments, with the first installment on June 15, 2018, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F4 The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F5 The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2020, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F6 The shares subject to this option vest 1/16th on May 15, 2021 then in 45 equal monthly installments, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F7 The shares subject to this option vest in 24 equal monthly installments, with the first installment on December 11, 2021, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Remarks:

Sole purpose of the amendment is to add the power of attorney as an exhibit. Exhibit 24 Power of Attorney