SEC Form 4 · accession 0001127602-19-007326

TWILIO INC · TWLO

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

Reporting owner

Director

Period of report

Feb 15, 2019

Accepted (ET)

Feb 20, 2019 · 7:36 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^F1	Feb 15, 2019	C	808	$0.00	A	7,255	I	By Trust
Class A Common Stock^F1	Feb 15, 2019	S	808	$106.22	D	6,447	I	By Trust
Class A Common Stock^F3	holding	—	—		—	3,895	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common Stock^F4,F1	—	Feb 15, 2019	C	808	D	—	—	Class A Common Stock	808	13,724	I
Class B Common Stock^F4,F6	—	Feb 15, 2019	G	2,185	D	—	—	Class A Common Stock	2,185	4,370	D
Class B Common Stock^F4,F1	—	Feb 15, 2019	G	2,185	A	—	—	Class A Common Stock	2,185	15,909	I

F1Shares are held by The Erika Rottenberg Revocable Trust.
F2The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person. The Reporting Person has elected to sell the shares reported in this transaction to satisfy tax obligations required in connection with the shares received with the vesting of Restricted Stock Units ("RSUs").
F3These shares represent 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.
F5Represents shares that were contributed by the Reporting Person to the Reporting Person's trust.
F6These shares represent RSUs. Each RSU represents the contingent right to receive one share of the Issuer's Class B common stock.
F7Represents the shares received by the Reporting Person's trust.