SEC Form 4 · accession 0001127602-17-023695
TWILIO INC · TWLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E Epstein
Director
Period of report
Jul 13, 2017
Accepted (ET)
Jul 17, 2017 · 7:34 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 StockF1 | Jul 13, 2017 | A | 11,157 | $0.00 | A | 11,157 | D | |
| Class A Common StockF2 | holding | — | — | — | 13,486 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: The RSUs will vest in equal annual installments over the next three years on each anniversary of the date of grant, subject to continued service to the Issuer through each vesting date.
- F2The shares are held by the Epstein Family Revocable Trust.