SEC Form 4 · accession 0001127602-18-030567
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
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 8:11 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 | — | Oct 15, 2018 | F | 5,888 | D | — | — | Class A Common Stock | 5,888 | 65,362 | D |
| Class B Common StockF1,F3 | — | Oct 15, 2018 | G | 5,987 | D | — | — | Class A Common Stock | 5,987 | 59,375 | D |
| Class B Common StockF1,F6 | — | Oct 15, 2018 | G | 5,987 | A | — | — | Class A Common Stock | 5,987 | 6,131,954 | I |
| Class B Common StockF1,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 740,364 | 740,364 | I |
| Class B Common StockF1,F8 | — | 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 Restricted Stock Units ("RSUs").
- F3A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock.
- F4Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
- F5Represents the shares received by the Reporting Person's trust.
- F6Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
- F7Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
- F8JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.