Miyuki Suzuki - 10 Jun 2023 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Director
Signature
/s/ Sarah DiLorenzo as attorney in fact for Reporting Person.
Issuer symbol
TWLO
Transactions as of
10 Jun 2023
Net transactions value
-$28,048
Form type
4
Filing time
13 Jun 2023, 16:50:10 UTC
Previous filing
17 Mar 2023
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 +1,948 +21% $0.000000 11,160 10 Jun 2023 Direct F1, F2
transaction TWLO Class A Common Stock Tax liability $28,048 -439 -3.9% $63.89 10,721 10 Jun 2023 Direct 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 vested immediately on the date of grant.
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 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 RSUs.