Chew Chee 4
4 · TWILIO INC · Filed Apr 2, 2021
Insider Transaction Report
Form 4
TWILIO INCTWLO
Chew Chee
Chief Product Officer
Transactions
- Sale
Class A Common Stock
2021-03-31$342.93/sh−200$68,586→ 112,193 total - Sale
Class A Common Stock
2021-03-31$341.42/sh−104$35,507→ 112,393 total - Sale
Class A Common Stock
2021-03-31$345.13/sh−100$34,513→ 111,393 total - Sale
Class A Common Stock
2021-03-31$344.45/sh−700$241,115→ 111,493 total
Footnotes (5)
- [F1]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.2001 to $341.4200 per 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.
- [F3]A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.8000 to $343.0550 per 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.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.0100 to $344.9900 per 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.