0001447669-20-000174.txt : 20200824 0001447669-20-000174.hdr.sgml : 20200824 20200824183410 ACCESSION NUMBER: 0001447669-20-000174 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200820 FILED AS OF DATE: 20200824 DATE AS OF CHANGE: 20200824 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shipchandler Khozema CENTRAL INDEX KEY: 0001737610 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37806 FILM NUMBER: 201129046 MAIL ADDRESS: STREET 1: C/O PIVOTAL SOFTWARE, INC. STREET 2: 875 HOWARD STREET, FIFTH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94103 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_159830843518785.xml FORM 4 X0306 4 2020-08-20 0 0001447669 TWILIO INC TWLO 0001737610 Shipchandler Khozema C/O TWILIO INC. 101 SPEAR STREET, FIRST FLOOR SAN FRANCISCO CA 94105 0 1 0 0 Chief Financial Officer Class A Common Stock 2020-08-20 4 M 0 3225 76.63 A 100413 D Class A Common Stock 2020-08-20 4 S 0 500 248.146 D 99913 D Class A Common Stock 2020-08-20 4 S 0 404 251.1152 D 99509 D Class A Common Stock 2020-08-20 4 S 0 600 252.3567 D 98909 D Class A Common Stock 2020-08-20 4 S 0 500 253.494 D 98409 D Class A Common Stock 2020-08-20 4 S 0 1205 254.7079 D 97204 D Class A Common Stock 2020-08-20 4 S 0 1100 255.9827 D 96104 D Class A Common Stock 2020-08-20 4 S 0 1487 256.9765 D 94617 D Class A Common Stock 2020-08-20 4 S 0 1012 257.8638 D 93605 D Employee Stock Option (right to buy) 76.63 2020-08-20 4 M 0 3225 0 D 2028-10-31 Class A Common Stock 3225.0 90217 D Employee Stock Option (right to buy) 117.94 2030-02-21 Class A Common Stock 58681.0 58681 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 $247.76 to $248.47 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 $250.91 to $251.39 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 $251.99 to $252.87 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 $252.99 to $253.77 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 $254.17 to $255.00 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 $255.41 to $256.33 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 $256.46 to $257.38 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 $257.46 to $258.25 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 shall vest on November 1, 2019, 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 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 2020-08-24