Jeff Lawson - 15 Feb 2022 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Mariam Sattar as attorney in fact for Reporting Person
Issuer symbol
TWLO
Transactions as of
15 Feb 2022
Net transactions value
-$475,575
Form type
4
Filing time
17 Feb 2022, 15:51:59 UTC
Previous filing
04 Jan 2022
Next filing
23 Mar 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 Tax liability $475,575 -2,430 -3% $195.71 77,622 15 Feb 2022 Direct F1, F2
transaction TWLO Class A Common Stock Gift $0 -3,933 -5.1% $0.000000 73,689 15 Feb 2022 Direct F2, F3
transaction TWLO Class A Common Stock Gift $0 +3,933 +6.4% $0.000000 65,173 15 Feb 2022 By Lawson Revocable Trust F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.