SEC Form 4 · accession 0001127602-18-034867
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
Nov 29, 2018
Accepted (ET)
Nov 30, 2018 · 6:29 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 StockF1 | Nov 29, 2018 | C | 39,597 | $0.00 | A | 150,799 | I | By Lawson Revocable Trust |
| Class A Common StockF1 | Nov 29, 2018 | G | 39,597 | $0.00 | D | 111,202 | I | By Lawson Revocable Trust |
| Class A Common StockF3 | holding | — | — | — | 129,984 | D |
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 StockF4,F1 | — | Nov 29, 2018 | C | 39,597 | D | — | — | Class A Common Stock | 39,597 | 6,051,815 | I |
| Class B Common StockF4,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 59,375 | 59,375 | D |
| Class B Common StockF4,F6 | — | holding | — | — | — | — | — | Class A Common Stock | 740,364 | 740,364 | I |
| Class B Common StockF4,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 323,170 | 323,170 | I |
Explanation of responses
- F1Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
- F2The shares reported in this transaction represent a bona-fide charitable gift to a Donor Advised Fund.
- 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.
- F4Each 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.
- F5A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock.
- F6Jeffrey Gordon Lawson Trustee of the Lawson 2014 GRAT dated 12/29/14.
- F7JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.