SEC Form 4 · accession 0001127602-18-034863
TWILIO INC · TWLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erika Rottenberg
Director
Period of report
Feb 15, 2018
Accepted (ET)
Nov 30, 2018 · 6:18 pm EST
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 | Jun 12, 2018 | G | 6,005 | $0.00 | D | 0 | D | |
| Class A Common StockF3 | Jun 12, 2018 | G | 6,005 | $0.00 | A | 6,005 | I | By Trust |
| Class A Common StockF3 | Nov 28, 2018 | C | 5,000 | $0.00 | A | 11,005 | I | By Trust |
| Class A Common StockF5,F3 | Nov 28, 2018 | S | 3,750 | $88.9264 | D | 7,255 | I | By Trust |
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 StockF6,F7 | — | Feb 15, 2018 | G | 2,185 | D | — | — | Class A Common Stock | 2,185 | 13,109 | D |
| Class B Common StockF6,F3 | — | Feb 15, 2018 | G | 2,185 | A | — | — | Class A Common Stock | 2,185 | 12,978 | I |
| Class B Common StockF6,F7 | — | May 15, 2018 | G | 2,185 | D | — | — | Class A Common Stock | 2,185 | 10,924 | D |
| Class B Common StockF6,F3 | — | May 15, 2018 | G | 2,185 | A | — | — | Class A Common Stock | 2,185 | 15,163 | I |
| Class B Common StockF6,F7 | — | Aug 15, 2018 | G | 2,185 | D | — | — | Class A Common Stock | 2,185 | 8,739 | D |
| Class B Common StockF6,F3 | — | Aug 15, 2018 | G | 2,185 | A | — | — | Class A Common Stock | 2,185 | 17,348 | I |
| Class B Common StockF6,F7 | — | Nov 15, 2018 | G | 2,184 | D | — | — | Class A Common Stock | 2,184 | 6,555 | D |
| Class B Common StockF6,F3 | — | Nov 15, 2018 | G | 2,184 | A | — | — | Class A Common Stock | 2,184 | 19,532 | I |
| Class B Common StockF6,F3 | — | Nov 28, 2018 | C | 5,000 | D | — | — | Class A Common Stock | 5,000 | 14,532 | I |
Explanation of responses
- F1Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
- F2Represents the shares received by the Reporting Person's trust.
- F3Shares are held by The Erika Rottenberg Revocable Trust.
- F4The Reporting Person has elected to sell the shares reported in this transaction to satisfy tax obligations required in connection with shares received with the vesting of Restricted Stock Units ("RSUs").
- F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.911 to $88.93 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.
- F6Each 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.
- F7A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock.