SEC Form 4 · accession 0001127602-17-025973

TWILIO INC · TWLO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Aug 15, 2017

Accepted (ET)

Aug 17, 2017 · 7:16 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^F1	Aug 15, 2017	C	2,500	$0.00	A	8,505	D
Class A Common Stock^F3,F1	Aug 15, 2017	S	2,500	$31.177	D	6,005	D

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,F5	$3.86	Aug 15, 2017	M	2,500	D	—	Mar 24, 2024	Class B Common Stock	2,500	142,500	D
Class B Common Stock^F5	—	Aug 15, 2017	M	2,500	A	—	—	Class A Common Stock	2,500	2,500	D
Class B Common Stock^F5	—	Aug 15, 2017	C	2,500	D	—	—	Class A Common Stock	2,500	0	D

F1A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock.
F2The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.82 to $31.47 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4The shares subject to the option are fully vested and 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.