Home/Filings/4/0001127602-16-056512
4//SEC Filing

TWILIO INC 4

Accession 0001127602-16-056512

$TWLOCIK 0001447669operating

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 4:41 PM ET

Size

21.6 KB

Accession

0001127602-16-056512

Insider Transaction Report

Form 4
Period: 2016-06-28
Transactions
  • Conversion

    Common Stock

    2016-06-28+37,292165,667 total(indirect: See Footnote)
  • Conversion

    Common Stock

    2016-06-28+3,146,7743,312,441 total(indirect: See Footnote)
  • Other

    Common Stock

    2016-06-283,356,6490 total(indirect: See Footnote)
  • Conversion

    Series A Preferred Stock

    2016-06-2837,2920 total(indirect: See Footnotes)
    Exercise: $0.00Common Stock (37,292 underlying)
  • Conversion

    Series D Preferred Stock

    2016-06-283,146,7740 total(indirect: See Footnotes)
    Exercise: $0.00Common Stock (3,146,774 underlying)
  • Conversion

    Series E Preferred Stock

    2016-06-2844,2080 total(indirect: See Footnotes)
    Exercise: $0.00Common Stock (44,208 underlying)
  • Other

    Class B Common Stock

    2016-06-28+3,356,6493,356,649 total(indirect: See Footnotes)
    Exercise: $0.00Class A Common Stock (3,356,649 underlying)
  • Conversion

    Common Stock

    2016-06-28+44,2083,356,649 total(indirect: See Footnote)
Footnotes (8)
  • [F1]Reflects the conversion of the Issuer's Preferred Stock into Common Stock on a one-for-one basis, which became effective immediately prior to the closing of the Issuer's initial public offering.
  • [F2]The Reporting Person is a managing director of Redpoint Omega II LLC, the general partner of Redpoint Omega II LP ("Omega II LP") and is a manager of Redpoint Omega II Associates LLC ("Omega Associates II"). The Reporting Person shares voting and dispositive power with respect to the shares held directly by Omega II LP and Omega Associates II. The Reporting Person disclaims beneficial ownership of the securities held by Omega II LP and Omega Associates II and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in Omega II LP and Omega Associates II.
  • [F3]Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
  • [F4]The Series A Preferred Stock converts into Common Stock on a 1:1 basis and has no expiration date. Immediately prior to the completion of the Issuer's Initial Public Offering, all shares of Series A Preferred Stock were converted into shares of Common Stock of the Issuer. Upon such conversion, Series A Preferred Stock held by Omega II LP and Omega Associates II converted into 36,174 shares and 1,118 shares, respectively, of Common Stock.
  • [F5]The Series D Preferred Stock converts into Common Stock on a 1:1 basis and has no expiration date. Immediately prior to the completion of the Issuer's Initial Public Offering, all shares of Series D Preferred Stock were converted into shares of Common Stock of the Issuer. Upon such conversion, Series D Preferred Stock held by Omega II LP and Omega Associates II converted into 3,052,372 shares and 94,402 shares, respectively, of Common Stock.
  • [F6]The Series E Preferred Stock converts into Common Stock on a 1:1 basis and has no expiration date. Immediately prior to the completion of the Issuer's Initial Public Offering, all shares of Series E Preferred Stock were converted into shares of Common Stock of the Issuer. Upon such conversion, Series E Preferred Stock held by Omega II LP and Omega Associates II converted into 42,882 shares and 1,326 shares, respectively, of Common Stock.
  • [F7]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.
  • [F8]3,255,952 of these shares are owned directly by Omega II LP and 100,697 of these shares are owned directly by Omega Associates II.

Issuer

TWILIO INC

CIK 0001447669

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001447669

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 4:41 PM ET
Size
21.6 KB