Dana Wagner - 16 Feb 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
Issuer symbol: TWLO
Transactions as of: 16 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 21 Feb 2024, 19:33:17 UTC
Previous filing: 20 Feb 2024
Next filing: 23 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TWLO	Class A Common Stock	Award	$0	+41,746	+32%	$0.000000	172,202	16 Feb 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.