0001127602-18-023557.txt : 20180718 0001127602-18-023557.hdr.sgml : 20180718 20180718211955 ACCESSION NUMBER: 0001127602-18-023557 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180716 FILED AS OF DATE: 20180718 DATE AS OF CHANGE: 20180718 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: 18959442 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 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 form4.xml PRIMARY DOCUMENT X0306 4 2018-07-16 0001447669 TWILIO INC TWLO 0001386396 Hu George C/O TWILIO INC. 375 BEALE STREET, SUITE 300 SAN FRANCISCO CA 94105 1 Chief Operating Officer Class A Common Stock 2018-07-16 4 M 0 5000 31.72 A 215420 D Class A Common Stock 2018-07-16 4 S 0 5000 61.2384 D 210420 D Class A Common Stock 2018-07-17 4 M 0 5000 31.72 A 215420 D Class A Common Stock 2018-07-17 4 S 0 500 60.7409 D 214920 D Class A Common Stock 2018-07-17 4 S 0 413 61.9263 D 214507 D Class A Common Stock 2018-07-17 4 S 0 2579 62.9852 D 211928 D Class A Common Stock 2018-07-17 4 S 0 1321 64.0883 D 210607 D Class A Common Stock 2018-07-17 4 S 0 187 64.6796 D 210420 D Class A Common Stock 2018-07-18 4 M 0 5000 31.72 A 215420 D Class A Common Stock 2018-07-18 4 S 0 4700 63.9708 D 210720 D Class A Common Stock 2018-07-18 4 S 0 300 65.14 D 210420 D Employee Stock Option (right to buy) 31.72 2018-07-16 4 M 0 5000 0 D 2024-02-27 Class A Common Stock 5000 853614 D Employee Stock Option (right to buy) 31.72 2018-07-17 4 M 0 5000 0 D 2024-02-27 Class A Common Stock 5000 848614 D Employee Stock Option (right to buy) 31.72 2018-07-18 4 M 0 5000 0 D 2024-02-27 Class A Common Stock 5000 843614 D Employee Stock Option (right to buy) 31.72 2024-02-27 Class A Common Stock 185000 185000 D Employee Stock Option (right to buy) 33.01 2028-02-19 Class A Common Stock 96214 96214 D A 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. 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 $60.90 to $61.58 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 $60.40 to $61.32 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 $61.45 to $62.28 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 $62.56 to $63.55 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 $63.60 to $64.54 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 $64.60 to $64.75 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. A portion of these shares represent RSUs. Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. 3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.60 to $64.59 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 $63.60 to $64.27 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. A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class B Common Stock. 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: 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. /s/ Alexis Rhorer as attorney in fact for Reporting Person 2018-07-18