SEC Form 4 · accession 0001127602-17-014957
TWILIO INC · TWLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karyn Smith
Officer — General Counsel and Secretary
Period of report
Apr 15, 2017
Accepted (ET)
Apr 18, 2017 · 5:57 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 | 693 | D | — | — | Class A Common Stock | 693 | 21,858 | D |
| Class B Common StockF1,F3 | — | Apr 17, 2017 | G | 1,186 | D | — | — | Class A Common Stock | 1,186 | 20,672 | D |
| Class B Common StockF1,F4 | — | Apr 17, 2017 | G | 1,186 | A | — | — | Class A Common Stock | 1,186 | 14,073 | 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.
- F4The Karyn Smith Revocable Trust U/A/D 9/15/06 Amended 12/23/11, Karyn Smith Trustee.