Khozema Shipchandler - 18 Feb 2025 Form 4 Insider Report for TWILIO INC (TWLO)

Role: Chief Executive Officer, Director
Signature: /s/ Juliana Chen as attorney-in-fact for Reporting Person
Issuer symbol: TWLO
Transactions as of: 18 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 20 Feb 2025, 19:50:06 UTC
Previous filing: 24 Jan 2025
Next filing: 02 Apr 2025
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	+62,219	+25%	$0.000000	307,190	18 Feb 2025	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: 1/12 of the RSUs vest on March 31, 2025, and 1/12th of the RSUs vest each quarter thereafter on June 30, September 30, December 31 and March 31 for the next 11 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: 1/12 of the RSUs vest on March 31, 2025, and 1/12th of the RSUs vest each quarter thereafter on June 30, September 30, December 31 and March 31 for the next 11 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.