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