Charles H. Bell - 28 Mar 2023 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Director
Signature
/s/ Evan White as attorney-in-fact for Reporting Person
Issuer symbol
TWLO
Transactions as of
28 Mar 2023
Net transactions value
$0
Form type
4
Filing time
30 Mar 2023, 19:14:18 UTC
Next filing
14 Jun 2023
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 Award $0 +6,428 $0.000000 6,428 28 Mar 2023 Direct F1, F2, F3
* 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 shall vest as follows: 10.6% of the RSUs will vest on June 22, 2023, the one year anniversary of our last annual meeting of stockholders (the "Initial Vesting Date"), 44.7% of the RSUs will vest on the one year anniversary of the Initial Vesting Date and 44.7% of the RSUs will vest on the two year anniversary of the Initial Vesting Date, subject, in each case, to continued service as a director of the Issuer through each such vesting date.
F2 These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F3 Includes RSUs that have been deferred by the Reporting Person.