Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TWLO | Class A Common Stock | Award | $0 | +43.8K | +73.46% | $0.00 | 103K | Mar 21, 2022 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The shares reported in this transaction represent RSUs. Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 33% of the RSUs shall vest in equal quarterly installments between the first and second anniversaries of January 1, 2022, 33% of the RSUs shall vest in equal quarterly installments between the second and third anniversaries of January 1, 2022, and 34% of the RSUs shall vest in equal quarterly installments between the third and fourth anniversaries of January 1, 2022, subject to the Reporting Person's continued employment with the Issuer through each vesting date. |
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. |