4//SEC Filing
Smith Karyn 4
Accession 0001447669-21-000288
CIK 0001447669other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 5:24 PM ET
Size
44.8 KB
Accession
0001447669-21-000288
Insider Transaction Report
Form 4
TWILIO INCTWLO
Smith Karyn
General Counsel and Secretary
Transactions
- Exercise/Conversion
Class B Common Stock
2021-12-01+12,020→ 12,020 total→ Class A Common Stock (12,020 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-01$33.01/sh+11,931$393,842→ 63,382 total - Sale
Class A Common Stock
2021-12-01$273.58/sh−4,400$1,203,757→ 46,116 total - Sale
Class A Common Stock
2021-12-01$274.61/sh−3,221$884,506→ 42,895 total - Sale
Class A Common Stock
2021-12-01$276.77/sh−5,080$1,406,015→ 30,409 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-01−10,957→ 0 totalExercise: $10.09Exp: 2025-12-30→ Class B Common Stock (10,957 underlying) - Conversion
Class B Common Stock
2021-12-01−22,977→ 0 total→ Class A Common Stock (22,977 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-01−11,931→ 3,849 totalExercise: $33.01Exp: 2028-02-19→ Class A Common Stock (11,931 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-01$31.96/sh+8,975$286,841→ 51,451 total - Sale
Class A Common Stock
2021-12-01$268.30/sh−2,071$555,650→ 60,109 total - Sale
Class A Common Stock
2021-12-01$275.69/sh−7,406$2,041,757→ 35,489 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-01−12,020→ 0 totalExercise: $4.73Exp: 2024-10-28→ Class B Common Stock (12,020 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-01−8,975→ 0 totalExercise: $31.96Exp: 2027-02-09→ Class A Common Stock (8,975 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-01$117.94/sh+5,675$669,310→ 69,057 total - Sale
Class A Common Stock
2021-12-01$267.41/sh−6,877$1,838,977→ 62,180 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-12-01−5,675→ 17,258 totalExercise: $117.94Exp: 2030-02-21→ Class A Common Stock (5,675 underlying) - Conversion
Class A Common Stock
2021-12-01+22,977→ 42,476 total - Sale
Class A Common Stock
2021-12-01$272.38/sh−9,593$2,612,920→ 50,516 total - Sale
Class A Common Stock
2021-12-01$277.33/sh−1,000$277,335→ 29,409 total - Exercise/Conversion
Class B Common Stock
2021-12-01+10,957→ 22,977 total→ Class A Common Stock (10,957 underlying)
Holdings
- 18,040
Employee Stock Option (right to buy)
Exercise: $111.32Exp: 2029-01-30→ Class A Common Stock (18,040 underlying) - 5,101(indirect: By Trust)
Class A Common Stock
Footnotes (17)
- [F1]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.
- [F10]The Karyn Smith Revocable Trust U/A/D 9/15/06 Amended 12/23/11, Karyn Smith Trustee.
- [F11]This stock option grant became fully vested on September 2, 2018.
- [F12]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.
- [F13]This stock option grant became fully vested on January 15, 2020.
- [F14]This stock option grant became fully vested on January 1, 2021.
- [F15]The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2018, subject to the Reporting Person's continued service to the Issuer through each vesting date.
- [F16]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.
- [F17]The stock option shall vest as follows: 33% of the stock option shall vest on December 31, 2020, 33% of the stock option shall vest on December 31, 2021 and 34% of the stock option shall vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer through each vesting date.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267 to $267.91 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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.02 to $268.495 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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.1 to $273.09 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 $273.23 to $273.98 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.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.24 to $275.196 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.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.27 to $276.175 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.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.28 to $277.235 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.
- [F9]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.29 to $277.38 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.
Documents
Issuer
TWILIO INC
CIK 0001447669
Entity typeother
Related Parties
1- filerCIK 0001665730
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 5:24 PM ET
- Size
- 44.8 KB