0001447669-20-000125.txt : 20200619 0001447669-20-000125.hdr.sgml : 20200619 20200619181329 ACCESSION NUMBER: 0001447669-20-000125 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200617 FILED AS OF DATE: 20200619 DATE AS OF CHANGE: 20200619 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: 20976824 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_159260479065759.xml FORM 4 X0306 4 2020-06-17 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 2020-06-17 4 M 0 35000 31.72 A 186961 D Class A Common Stock 2020-06-17 4 S 0 8034 210.6913 D 178927 D Class A Common Stock 2020-06-17 4 S 0 7490 211.3907 D 171437 D Class A Common Stock 2020-06-17 4 S 0 10035 212.6326 D 161402 D Class A Common Stock 2020-06-17 4 S 0 5300 213.7893 D 156102 D Class A Common Stock 2020-06-17 4 S 0 2550 215.5781 D 153552 D Class A Common Stock 2020-06-17 4 S 0 1591 215.9769 D 151961 D Class A Common Stock 2020-06-18 4 M 0 35000 31.72 A 186961 D Class A Common Stock 2020-06-18 4 S 0 10550 209.5465 D 176411 D Class A Common Stock 2020-06-18 4 S 0 17518 210.1592 D 158893 D Class A Common Stock 2020-06-18 4 S 0 6932 211.4637 D 151961 D Employee Stock Option (right to buy) 31.72 2020-06-17 4 M 0 35000 0 D 2024-02-27 Class A Common Stock 35000.0 299258 D Employee Stock Option (right to buy) 31.72 2020-06-18 4 M 0 35000 0 D 2024-02-27 Class A Common Stock 35000.0 264258 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) 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) 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 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 $210.245 to $211.23 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 $211.255 to $211.94 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 $212.30 to $213.26 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $213.41 to $214.39 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 $214.86 to $215.85 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 $215.86 to $216.485 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 $208.875 to $209.86 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 $209.88 to $210.85 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 $210.91 to $211.86 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: 1/48th of the shares vested on March 15, 2018 and the remaining shares subject to the stock option shall vest in equal monthly installments over the following four 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 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 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 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 stock option shall 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 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/ Shanti Ariker as attorney in fact for Reporting Person 2020-06-19