0001447669-21-000218.txt : 20210902
0001447669-21-000218.hdr.sgml : 20210902
20210902163116
ACCESSION NUMBER: 0001447669-21-000218
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210901
FILED AS OF DATE: 20210902
DATE AS OF CHANGE: 20210902
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: 211233668
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: 262574840
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 101 SPEAR STREET
STREET 2: FIRST FLOOR
CITY: San Francisco
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-390-2337
MAIL ADDRESS:
STREET 1: 101 SPEAR STREET
STREET 2: FIRST FLOOR
CITY: San Francisco
STATE: CA
ZIP: 94105
4
1
wf-form4_163061465011960.xml
FORM 4
X0306
4
2021-09-01
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
2021-09-01
4
M
0
3224
76.63
A
74020
D
Class A Common Stock
2021-09-01
4
S
0
3224
356.83
D
70796
D
Employee Stock Option (right to buy)
76.63
2021-09-01
4
M
0
3224
0
D
2028-10-31
Class A Common Stock
3224.0
48297
D
Employee Stock Option (right to buy)
377.59
2031-02-24
Class A Common Stock
18126.0
18126
D
Employee Stock Option (right to buy)
117.94
2030-02-21
Class A Common Stock
48999.0
48999
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 shares subject to the stock option vest as follows: 33% of the stock option shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2020, 33% of the stock option shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2020 and 34% of the stock option shall vest in equal quarterly installments between the third and fourth anniversaries of December 31, 2020, 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: 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/ Mariam Sattar as attorney in fact for Reporting Person
2021-09-02