Key facts
- This page summarizes Jeff Lawson's Form 4 filing for TWILIO INC (TWLO).
- 6 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 30 Jun 2023, 16:49.
Jeff Lawson - 28 Jun 2023 Form 4 Insider Report for TWILIO INC (TWLO)
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- TWLO
- Reported as of
- 28 Jun 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 30 Jun 2023, 16:49:37 UTC
- Prior SEC filing
- 27 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Sarah DiLorenzo as attorney in fact for Reporting Person.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jeff Lawson filed Form 4 for TWILIO INC (TWLO) on 30 Jun 2023.
Change
- Previous filing in this sequence was filed on 27 Feb 2023.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TWLO
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +4,580,822
- Change %
- +2023%
- Price
- $0.000000
- Shares after
- 4,807,219
- Date
- 28 Jun 2023
- Ownership
- By Lawson Revocable Trust
- Footnotes
- F1
TWLO
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +1,022,705
- Change %
- Price
- $0.000000
- Shares after
- 1,022,705
- Date
- 28 Jun 2023
- Ownership
- By Lawson 2014 Irrevocable Trust
- Footnotes
- F2
TWLO
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 184,032
- Date
- 28 Jun 2023
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TWLO
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -4,580,822
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jun 2023
- Ownership
- By Lawson Revocable Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,580,822
- Exercise price
- Footnotes
- F1, F4
TWLO
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,022,705
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jun 2023
- Ownership
- By Lawson 2014 Irrevocable Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,022,705
- Exercise price
- Footnotes
- F2, F4
TWLO
transaction
Derivative
Employee Stock Option (right to buy)
Other
- Transaction value
- $0
- Shares
- -316,667
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 28 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 316,667
- Exercise price
- $10.09
- Footnotes
- F5, F6
TWLO
transaction
Derivative
Employee Stock Option (right to buy)
Other
- Transaction value
- $0
- Shares
- +316,667
- Change %
- Price
- $0.000000
- Shares after
- 316,667
- Date
- 28 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 316,667
- Exercise price
- $10.09
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Shares are held by Erica Freeman Lawson and Jeffrey Gordon Lawson, as trustees of the Lawson Revocable Trust dated 10/2/11.
Footnote F2
Shares are held by JP Morgan Trust Company of Delaware, as trustee of the Lawson 2014 Irrevocable Trust dated 12/29/2014.
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.
Footnote F4
On June 28, 2023, each outstanding share of the Issuer's Class B Common Stock automatically converted into one share of the Issuer's Class A Common Stock, in accordance with the Issuer's Amended and Restated Certificate of Incorporation (the "Conversion").
Footnote F5
In connection with the Conversion described in footnote (4), at the time of the Conversion, each outstanding option to purchase shares of the Issuer's Class B Common Stock issued pursuant to the Issuer's Amended and Restated 2008 Stock Option Plan was automatically converted into an option to purchase the same number of shares of the Issuer's Class A Common Stock. Otherwise, the terms of each such option remained unchanged.
Footnote F6
The shares subject to this option vested in 48 equal monthly installments, with the first installment on February 15, 2016, subject to the Reporting Person's continuous service to the Issuer on each such date.