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

Role
Director
Signature
/s/ Sarah DiLorenzo as attorney in fact for Reporting Person.
Stock symbol
TWLO
Transactions as of
Jun 10, 2023
Transactions value $
-$28,048
Form type
4
Date filed
6/13/2023, 04:50 PM
Previous filing
Mar 17, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Award $0 +1.95K +21.15% $0.00 11.2K Jun 10, 2023 Direct F1, F2
transaction TWLO Class A Common Stock Tax liability -$28K -439 -3.93% $63.89 10.7K Jun 10, 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.