0001447669-20-000227.txt : 20201123
0001447669-20-000227.hdr.sgml : 20201123
20201123201618
ACCESSION NUMBER: 0001447669-20-000227
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201120
FILED AS OF DATE: 20201123
DATE AS OF CHANGE: 20201123
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: 201339560
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_160618056210494.xml
FORM 4
X0306
4
2020-11-20
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
2020-11-20
4
M
0
3225
76.63
A
93489
D
Class A Common Stock
2020-11-20
4
S
0
3225
296.50
D
90264
D
Class A Common Stock
2020-11-20
4
S
0
3590
296.50
D
86674
D
Employee Stock Option (right to buy)
76.63
2020-11-20
4
M
0
3225
0
D
2028-10-31
Class A Common Stock
3225.0
80543
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 executed under the Reporting Person's 10b5-1 trading plan, dated as of 9/7/2020.
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 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/ Shanti Ariker as attorney in fact for Reporting Person
2020-11-23