Dana Wagner - Feb 16, 2024 Form 4 Insider Report for TWILIO INC (TWLO)

Role: Chief Legal Officer, Secretary
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, 07:33 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	+41.7K	+32%	$0.00	172K	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.

Content

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.

A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.