SEC Form 4 · accession 0001127602-16-065419
TWILIO INC · TWLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Lawson
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Oct 26, 2016
Accepted (ET)
Oct 27, 2016 · 7:18 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 StockF2 | Oct 26, 2016 | S | 63,333 | $38.60 | D | 0 | D | |
| Class A Common StockF2,F3 | Oct 26, 2016 | S | 35,908 | $38.60 | D | 0 | I | By Lawson 2014 Irrevocable Trust |
| Class A Common StockF2,F4 | Oct 26, 2016 | S | 82,263 | $38.60 | D | 0 | I | By Lawson 2014 GRAT |
| Class A Common StockF2,F5 | Oct 26, 2016 | S | 649,473 | $38.60 | D | 0 | I | By Lawson Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person sold shares to the underwriters in connection with the sale of shares of Class A Common Stock by the Reporting Person in the Issuer's public offering.
- F2The price of $38.60 represents the public offering price of $40.00 less the underwriters' discount of $1.40 per share.
- F3JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.
- F4Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
- F5Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.