Aidan Viggiano - Nov 20, 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
Nov 20, 2024
Transactions value $
-$182,787
Form type
4
Date filed
11/22/2024, 04:29 PM
Previous filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Sale -$183K -1.91K -1.13% $95.60 167K Nov 20, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported were executed under the Reporting Person's 10b5-1 trading plan, dated as of 3/7/2024.
F2 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.