SEC Form 4 · accession 0001127602-16-065175

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 20, 2016

Accepted (ET)

Oct 24, 2016 · 7:54 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001447669

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock	Oct 20, 2016	C	63,333	$0.00	A	63,333	D
Class A Common Stock^F1	Oct 20, 2016	C	35,908	$0.00	A	35,908	I	By Lawson 2014 Irrevocable Trust
Class A Common Stock^F2	Oct 20, 2016	C	82,263	$0.00	A	82,263	I	By Lawson 2014 GRAT
Class A Common Stock^F3	Oct 20, 2016	C	649,473	$0.00	A	649,473	I	By Lawson Revocable Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F4	$10.09	Oct 20, 2016	M	63,333	D	—	Dec 30, 2025	Class B Common Stock	63,333	316,667	D
Class B Common Stock^F6,F5	—	Oct 20, 2016	M	63,333	A	—	—	Class A Common Stock	63,333	217,708	D
Class B Common Stock^F6,F5	—	Oct 20, 2016	C	63,333	D	—	—	Class A Common Stock	63,333	154,375	D
Class B Common Stock^F1,F5	—	Oct 20, 2016	C	35,908	D	—	—	Class A Common Stock	35,908	323,170	I
Class B Common Stock^F2,F5	—	Oct 20, 2016	C	82,263	D	—	—	Class A Common Stock	82,263	740,364	I
Class B Common Stock^F3,F5	—	Oct 20, 2016	C	649,473	D	—	—	Class A Common Stock	649,473	6,421,908	I

F1JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.
F2Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
F3Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
F4The shares subject to this option vest 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. The option is early exercisable by the Reporting Person.
F5Each 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.
F6A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock.