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Boroditsky Marc 4

Accession 0001447669-22-000040

CIK 0001447669other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 4:54 PM ET

Size

11.8 KB

Accession

0001447669-22-000040

Insider Transaction Report

Form 4
Period: 2022-02-15
Boroditsky Marc
Chief Revenue Officer
Transactions
  • Sale

    Class A Common Stock

    2022-02-15$197.26/sh300$59,17759,576 total
  • Sale

    Class A Common Stock

    2022-02-15$199.76/sh900$179,78857,526 total
  • Sale

    Class A Common Stock

    2022-02-15$198.63/sh1,150$228,42658,426 total
  • Sale

    Class A Common Stock

    2022-02-15$200.70/sh212$42,54957,314 total
Footnotes (6)
  • [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 $196.8675 to $197.695 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 Restricted Stock Units ("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 $198.16 to $199.02 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 $199.32 to $200.145 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 $200.51 to $201.4101 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.

Issuer

TWILIO INC

CIK 0001447669

Entity typeother

Related Parties

1
  • filerCIK 0001779922

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:54 PM ET
Size
11.8 KB