Jeff Lawson - Feb 15, 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
Stock symbol
TWLO
Transactions as of
Feb 15, 2022
Transactions value $
-$475,575
Form type
4
Date filed
2/17/2022, 03:51 PM
Previous filing
Jan 4, 2022
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Tax liability -$476K -2.43K -3.04% $195.71 77.6K Feb 15, 2022 Direct F1, F2
transaction TWLO Class A Common Stock Gift $0 -3.93K -5.07% $0.00 73.7K Feb 15, 2022 Direct F2, F3
transaction TWLO Class A Common Stock Gift $0 +3.93K +6.42% $0.00 65.2K Feb 15, 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.