0001447669-20-000211.txt : 20201105
0001447669-20-000211.hdr.sgml : 20201105
20201105191436
ACCESSION NUMBER: 0001447669-20-000211
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201103
FILED AS OF DATE: 20201105
DATE AS OF CHANGE: 20201105
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hu George
CENTRAL INDEX KEY: 0001386396
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37806
FILM NUMBER: 201292018
MAIL ADDRESS:
STREET 1: C/O SALESFORCE.COM
STREET 2: 1 MARKET STREET, SUITE 300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TWILIO INC
CENTRAL INDEX KEY: 0001447669
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 375 BEALE ST
STREET 2: SUITE 300
CITY: San Francisco
STATE: CA
ZIP: 94105
BUSINESS PHONE: 650-270-2199
MAIL ADDRESS:
STREET 1: 375 BEALE ST
STREET 2: SUITE 300
CITY: San Francisco
STATE: CA
ZIP: 94105
4
1
wf-form4_160462166024331.xml
FORM 4
X0306
4
2020-11-03
0
0001447669
TWILIO INC
TWLO
0001386396
Hu George
C/O TWILIO INC.
101 SPEAR STREET, FIRST FLOOR
SAN FRANCISCO
CA
94105
0
1
0
0
Chief Operating Officer
Class A Common Stock
2020-11-03
4
M
0
18488
31.72
A
155180
D
Class A Common Stock
2020-11-03
4
S
0
3735
270.5745
D
151445
D
Class A Common Stock
2020-11-03
4
S
0
5402
271.9863
D
146043
D
Class A Common Stock
2020-11-03
4
S
0
5460
272.869
D
140583
D
Class A Common Stock
2020-11-03
4
S
0
3891
273.8182
D
136692
D
Employee Stock Option (right to buy)
31.72
2020-11-03
4
M
0
18488
31.72
D
2024-02-27
Class A Common Stock
18488.0
83930
D
Employee Stock Option (right to buy)
117.94
2030-02-21
Class A Common Stock
58559.0
58559
D
Employee Stock Option (right to buy)
33.01
2028-02-19
Class A Common Stock
96214.0
96214
D
Employee Stock Option (right to buy)
31.72
2024-02-27
Class A Common Stock
185000.0
185000
D
Employee Stock Option (right to buy)
31.72
2024-02-27
Class A Common Stock
185000.0
185000
D
Employee Stock Option (right to buy)
111.32
2029-01-30
Class A Common Stock
73798.0
73798
D
Employee Stock Option (right to buy)
31.72
2024-02-27
Class A Common Stock
185000.0
185000
D
A portion of these shares represent Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.225 to $270.94 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.34 to $272.33 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.405 to $273.16 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.41 to $274.26 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.
The shares subject to the stock option vest as follows: 25% of the stock option vested on February 28, 2018 and the remaining shares subject to the stock option shall vest in equal monthly installments over the following three years, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2019, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2019 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The shares subject to the stock option vest in 48 equal monthly installments, with the first installment on March 15, 2018, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
The shares subject to the stock option vest as follows: 50% of the stock option vested on March 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The shares subject to the stock option vest as follows: 50% of the stock option vested on June 30, 2019 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The shares subject to the stock option vest as follows: 33% of the stock option shall vest on December 31, 2020, 33% of the stock option shall vest on December 31, 2021 and 34% of the stock option shall vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer through each vesting date.
The shares subject to the stock option vest as follows: 50% of the stock option vested on December 31, 2018 and the remaining shares subject to the stock option shall vest in 24 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
/s/ Shanti Ariker as attorney in fact for Reporting Person
2020-11-05