SEC Form 4 · accession 0001127602-17-014955
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
Apr 15, 2017
Accepted (ET)
Apr 18, 2017 · 5:55 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.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2,F3 | — | Apr 15, 2017 | F | 4,463 | D | — | — | Class A Common Stock | 4,463 | 138,037 | D |
| Class B Common StockF1,F4,F3 | — | Apr 17, 2017 | G | 7,412 | D | — | — | Class A Common Stock | 7,412 | 130,625 | D |
| Class B Common StockF1,F4,F5 | — | Apr 17, 2017 | G | 7,412 | A | — | — | Class A Common Stock | 7,412 | 6,104,502 | I |
| Class B Common StockF1,F6 | — | holding | — | — | — | — | — | Class A Common Stock | 740,364 | 740,364 | I |
| Class B Common StockF1,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 323,170 | 323,170 | I |
Explanation of responses
- F1Each 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.
- F2Represents shares of Class B common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of RSUs.
- F3A 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.
- F4Represents shares that the Reporting Person contributed to the Reporting Person's trust.
- F5Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
- F6Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
- F7JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.