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 |
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. |