0001447669-21-000012.txt : 20210107
0001447669-21-000012.hdr.sgml : 20210107
20210107182647
ACCESSION NUMBER: 0001447669-21-000012
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210105
FILED AS OF DATE: 20210107
DATE AS OF CHANGE: 20210107
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: 21515121
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_161006198979118.xml
FORM 4
X0306
4
2021-01-05
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
2021-01-05
4
M
0
5000
31.72
A
120696
D
Class A Common Stock
2021-01-05
4
S
0
5000
330.43
D
115696
D
Class A Common Stock
2021-01-06
4
M
0
3487
31.72
A
119183
D
Class A Common Stock
2021-01-06
4
S
0
9082
329.09
D
110101
D
Employee Stock Option (right to buy)
31.72
2021-01-05
4
M
0
5000
0
D
2024-02-27
Class A Common Stock
5000.0
50443
D
Employee Stock Option (right to buy)
31.72
2021-01-06
4
M
0
3487
0
D
2024-02-27
Class A Common Stock
3487.0
46956
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)
31.72
2024-02-27
Class A Common Stock
185000.0
185000
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)
111.32
2029-01-30
Class A Common Stock
73798.0
73798
D
Employee Stock Option (right to buy)
117.94
2030-02-21
Class A Common Stock
58559.0
58559
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 executed under the Reporting Person's 10b5-1 trading plan, dated as of 9/6/2020.
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: 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: 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.
The shares subject to this 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 stock option vests 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: 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.
/s/ Karyn Smith as attorney in fact for Reporting Person
2021-01-07