Elena A. Donio - 28 Jun 2023 Form 4 Insider Report for TWILIO INC (TWLO)

Signature
/s/ Sarah DiLorenzo as attorney in fact for Reporting Person.
Issuer symbol
TWLO
Transactions as of
28 Jun 2023
Net transactions value
$0
Form type
4
Filing time
30 Jun 2023, 16:55:41 UTC
Previous filing
07 Jun 2023
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Conversion of derivative security $0 +18,252 +4.3% $0.000000 443,429 28 Jun 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
transaction TWLO Class B Common Stock Conversion of derivative security $0 -18,252 -100% $0.000000* 0 28 Jun 2023 Class A Common Stock 18,252 Direct F2
* 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 On June 28, 2023, each outstanding share of the Issuer's Class B Common Stock automatically converted into one share of the Issuer's Class A Common Stock, in accordance with the Issuer's Amended and Restated Certificate of Incorporation.