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TWLO Twilio Inc

61.26
0.00 (0.00%)
Pre Market
Last Updated: 12:05:27
Delayed by 15 minutes
Share Name Share Symbol Market Type
Twilio Inc NYSE:TWLO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 61.26 71 12:05:27

Statement of Changes in Beneficial Ownership (4)

23/03/2021 10:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lawson Jeff
2. Issuer Name and Ticker or Trading Symbol

TWILIO INC [ TWLO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

C/O TWILIO INC., 101 SPEAR STREET, FIRST FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

3/19/2021
(Street)

SAN FRANCISCO, CA 94105
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 3/19/2021  C  49500 A$0 125957 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  7262 D$346.1032 (3)118695 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  9825 D$346.7493 (4)108870 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  5723 D$348.0135 (5)103147 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  2031 D$348.6361 (6)101116 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  656 D$351.1831 (7)100460 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  2869 D$351.6688 (8)97591 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  6947 D$352.7815 (9)90644 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  12459 D$353.6608 (10)78185 I By Lawson Revocable Trust (1)
Class A Common Stock 3/19/2021  S(2)  1728 D$354.5959 (11)76457 I By Lawson Revocable Trust (1)
Class A Common Stock         135014 (12)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock (13) (13)3/19/2021  C     49500   (13) (13)Class A Common Stock 49500.0 $0 5022899 I By Lawson Revocable Trust (1)
Class B Common Stock (13) (13)           (13) (13)Class A Common Stock 1033205.0  1033205 I By Lawson 2014 Irrevocable Trust (14)

Explanation of Responses:
(1) Erica Freeman Lawson and Jeffrey Gordon Lawson Trustees of the Lawson Revocable Trust dated 10/2/11.
(2) The sales reported were effected pursuant to a 10b5-1 trading plan adopted on 6/3/2020 by the Reporting Person.
(3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.3600 to $346.3450 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.
(4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.4000 to $347.3200 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.
(5) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.5200 to $348.5050 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.
(6) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.5200 to $349.0100 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.
(7) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $350.3800 to $351.3700 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.
(8) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.3900 to $352.3300 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.
(9) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.4300 to $353.3250 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.
(10) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.4600 to $354.1400 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.
(11) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.4600 to $354.9800 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.
(12) 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.
(13) Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.
(14) JP Morgan Trust Company of Delaware Trustee U/A 12/29/14 Lawson 2014 Irrevocable Trust.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Lawson Jeff
C/O TWILIO INC.
101 SPEAR STREET, FIRST FLOOR
SAN FRANCISCO, CA 94105
XXChief Executive Officer

Signatures
/s/ Karyn Smith as attorney in fact for Reporting Person3/23/2021
**Signature of Reporting PersonDate

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