Aidan Viggiano - Mar 20, 2023 Form 4 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 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/22/2023, 06:50 PM
Previous filing: Mar 9, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TWLO	Class A Common Stock	Award	$0	+44.3K	+25.22%	$0.00	220K	Mar 20, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs vest as follows: 1/16 of the RSUs vest on August 15, 2023, and 1/16 of the RSUs vest each quarter thereafter on November 15, February 15, May 15 and August 15 for the next 15 quarters, subject to the Reporting Person's continued service to 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.

Content

The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs vest as follows: 1/16 of the RSUs vest on August 15, 2023, and 1/16 of the RSUs vest each quarter thereafter on November 15, February 15, May 15 and August 15 for the next 15 quarters, subject to the Reporting Person's continued service to the Issuer through each vesting date.

A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.