Aidan Viggiano - Feb 16, 2024 Form 4 Insider Report for TWILIO INC (TWLO)

Signature
/s/ Sarah DiLorenzo as attorney-in-fact for Reporting Person
Stock symbol
TWLO
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/21/2024, 07:29 PM
Previous filing
Feb 20, 2024
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Award $0 +75.1K +44.97% $0.00 242K Feb 16, 2024 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 March 31, 2024, and 1/16th of the RSUs vest each quarter thereafter on June 30, September 30, December 31 and March 31 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.