Khozema Shipchandler - 03 Apr 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
03 Apr 2025
Net transactions value
-$1,332,426
Form type
4
Filing time
16 May 2025, 19:46:50 UTC
Previous filing
02 Apr 2025
Next filing
02 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shipchandler Khozema Chief Executive Officer, Director 101 SPEAR STREET, FIFTH FLOOR, SAN FRANCISCO /s/ Juliana Chen as attorney-in-fact for Reporting Person 16 May 2025 0001737610

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Sale $635,727 -7,027 -2.4% $90.47 288,107 03 Apr 2025 Direct F1, F2, F3
transaction TWLO Class A Common Stock Sale $210,856 -2,303 -0.8% $91.56 285,804 03 Apr 2025 Direct F1, F3, F4
transaction TWLO Class A Common Stock Sale $222,073 -2,404 -0.84% $92.38 283,400 03 Apr 2025 Direct F1, F3, F5
transaction TWLO Class A Common Stock Sale $188,251 -2,011 -0.71% $93.61 281,389 03 Apr 2025 Direct F1, F3, F6
transaction TWLO Class A Common Stock Sale $75,520 -800 -0.28% $94.40 280,589 03 Apr 2025 Direct F1, F3
* 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 3/6/2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.07 to $91.06 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.13 to $92.06 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.13 to $92.835 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.40 to $94.085 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.