4//SEC Filing
Chew Chee 4
Accession 0001447669-21-000076
CIK 0001447669other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 6:36 PM ET
Size
11.5 KB
Accession
0001447669-21-000076
Insider Transaction Report
Form 4
TWILIO INCTWLO
Chew Chee
Chief Product Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-02-25+18,126→ 18,126 totalExercise: $377.59Exp: 2031-02-24→ Class A Common Stock (18,126 underlying) - Award
Class A Common Stock
2021-02-25+9,742→ 112,497 total
Holdings
- 241,066
Employee Stock Option (right to buy)
Exercise: $116.30Exp: 2029-02-19→ Class A Common Stock (241,066 underlying) - 72,956
Employee Stock Option (right to buy)
Exercise: $117.94Exp: 2030-02-21→ Class A Common Stock (72,956 underlying)
Footnotes (5)
- [F1]The shares reported in this transaction represent Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 33% of the RSUs shall vest in equal quarterly installments between the first and second anniversaries of December 31, 2020, 33% of the RSUs shall vest in equal quarterly installments between the second and third anniversaries of December 31, 2020 and 34% of the RSUs 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.
- [F2]A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
- [F3]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.
- [F4]The stock option vests as follows: 25% of the shares subject to the option shall vest on January 14, 2020 and the remaining shares subject to the 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.
- [F5]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.
Documents
Issuer
TWILIO INC
CIK 0001447669
Entity typeother
Related Parties
1- filerCIK 0001771410
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 6:36 PM ET
- Size
- 11.5 KB