Aidan Viggiano - Mar 1, 2023 Form 3 Insider Report for TWILIO INC (TWLO)

Role: Chief Financial Officer
Signature: /s/ Sarah DiLorenzo as attorney in fact for Reporting Person
Stock symbol: TWLO
Transactions as of: Mar 1, 2023
Transactions value $: $0
Form type: 3
Date filed: 3/9/2023, 04:23 PM
Next filing: Mar 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TWLO	Class A Common Stock						176K	Mar 1, 2023	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)							Mar 1, 2023	Class A Common Stock	4.07K	$126.71	Direct	F2
holding	TWLO	Employee Stock Option (right to buy)							Mar 1, 2023	Class A Common Stock	2.05K	$367.65	Direct	F3

* 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	The stock option shall vest as follows: 1/48th of the stock option shall vest on March 15, 2020, and the remaining shares subject to the stock option shall vest in monthly installments over the following four years, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F3	The stock option shall vest as follows: 1/16th of the stock option shall vest on May 15, 2021, and the remaining shares subject to the stock option shall vest in monthly installments over the following four years, subject to the Reporting Person's continued service to the Issuer through each vesting date.