George Hu - 11 Nov 2021 Form 4 Insider Report for TWILIO INC (TWLO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Nov 2021, 18:10:46 UTC
Prior SEC filing
04 Oct 2021
Next SEC filing
06 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mariam Sattar as attorney in fact for Reporting Person

Key filing fact

George Hu filed Form 4 for TWILIO INC (TWLO) on 15 Nov 2021.

Key facts

  • This page summarizes George Hu's Form 4 filing for TWILIO INC (TWLO).
  • 2 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 15 Nov 2021, 18:10.

Change

  • Previous filing in this sequence was filed on 04 Oct 2021.
  • Current net transaction value: +$399,926.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWLO transaction

Class A Common Stock

Options Exercise

Transaction value
$399,926
Shares
+12,608
Change %
+15%
Price
$31.72
Shares after
98,870
Date
11 Nov 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TWLO transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-12,608
Change %
-62%
Price
$0.000000
Shares after
7,858
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
12,608
Exercise price
$31.72
Footnotes
F2
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
185,000
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
185,000
Exercise price
$31.72
Footnotes
F3
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
185,000
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
185,000
Exercise price
$31.72
Footnotes
F4
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
185,000
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
185,000
Exercise price
$31.72
Footnotes
F5
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
96,214
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
96,214
Exercise price
$33.01
Footnotes
F6
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
73,798
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
73,798
Exercise price
$111.32
Footnotes
F7
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
58,559
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
58,559
Exercise price
$117.94
Footnotes
F8
TWLO holding Derivative

Employee Stock Option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
18,126
Date
11 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
18,126
Exercise price
$377.59
Footnotes
F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

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.

Footnote F2

The shares subject to the stock option vest as follows: 25% of the stock option vested on February 28, 2018 and the remaining shares subject to the stock option shall vest in equal monthly installments over the following three years, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F3

The shares subject to the stock option vest as follows: 50% of the stock option vested on December 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F4

The shares subject to the stock option vest as follows: 50% of the stock option vested on March 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F5

The shares subject to the stock option vest as follows: 50% of the stock option vested on June 30, 2019 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F6

The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2018, subject to the Reporting Person's continuous service to the Issuer through each vesting date.

Footnote F7

The stock option vests as follows: 33% of the stock option shall vest on December 31, 2020, 33% of the stock option shall vest on December 31, 2021 and 34% of the stock option shall vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F8

The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2019, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2019 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.

Footnote F9

The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2020, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2020 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2020, subject to the Reporting Person's continued service to the Issuer through each vesting date.

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