SEC Form 4 · accession 0001127602-18-018493
TWILIO INC · TWLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Hu
Officer — Chief Operating Officer
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 8:58 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,F3 | May 21, 2018 | S | 3,137 | $55.1746 | D | 211,020 | D | |
| Class A Common StockF4,F3 | May 21, 2018 | S | 600 | $55.9933 | D | 210,420 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.77 to $55.7250 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.
- F3A 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.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.88 to $56.18 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.