SEC Form 4 · accession 0001127602-16-065033

TWILIO INC · TWLO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Oct 17, 2016

Accepted (ET)

Oct 19, 2016 · 7:43 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001447669

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common Stock^F1,F2	—	Oct 17, 2016	F	5,224	D	—	—	Class A Common Stock	5,224	161,026	D
Class B Common Stock^F2	—	Oct 18, 2016	G	6,651	D	—	—	Class A Common Stock	6,651	154,375	D
Class B Common Stock^F2	—	Oct 18, 2016	G	6,651	A	—	—	Class A Common Stock	6,651	7,071,381	I
Class B Common Stock^F2	—	holding	—	—	—	—	—	Class A Common Stock	822,627	822,627	I
Class B Common Stock^F2	—	holding	—	—	—	—	—	Class A Common Stock	359,078	359,078	I

F1These shares represent Restricted Stock Units ("RSU's"). Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock. The RSUs vest according to the following schedule: equal quarterly installments over 16 quarters from January 15, 2016, subject to the Reporting Person's continued employment with the Issuer through each such vesting date.
F2Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F3Represents shares of Common Stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of RSUs.
F4Represents shares that the Reporting Person contributed to the Reporting Person's trust.