4//SEC Filing
Lawson Jeff 4
Accession 0001447669-23-000141
CIK 0001447669other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 4:49 PM ET
Size
16.9 KB
Accession
0001447669-23-000141
Insider Transaction Report
Form 4
TWILIO INCTWLO
Lawson Jeff
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class A Common Stock
2023-06-28+4,580,822→ 4,807,219 total(indirect: By Trust) - Conversion
Class A Common Stock
2023-06-28+1,022,705→ 1,022,705 total(indirect: By Trust) - Conversion
Class B Common Stock
2023-06-28−4,580,822→ 0 total(indirect: By Trust)→ Class A Common Stock (4,580,822 underlying) - Other
Employee Stock Option (right to buy)
2023-06-28−316,667→ 0 totalExercise: $10.09Exp: 2025-12-30→ Class A Common Stock (316,667 underlying) - Conversion
Class B Common Stock
2023-06-28−1,022,705→ 0 total(indirect: By Trust)→ Class A Common Stock (1,022,705 underlying) - Other
Employee Stock Option (right to buy)
2023-06-28+316,667→ 316,667 totalExercise: $10.09Exp: 2025-12-30→ Class A Common Stock (316,667 underlying)
Holdings
- 184,032
Class A Common Stock
Footnotes (6)
- [F1]Shares are held by Erica Freeman Lawson and Jeffrey Gordon Lawson, as trustees of the Lawson Revocable Trust dated 10/2/11.
- [F2]Shares are held by JP Morgan Trust Company of Delaware, as trustee of the Lawson 2014 Irrevocable Trust dated 12/29/2014.
- [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]On June 28, 2023, each outstanding share of the Issuer's Class B Common Stock automatically converted into one share of the Issuer's Class A Common Stock, in accordance with the Issuer's Amended and Restated Certificate of Incorporation (the "Conversion").
- [F5]In connection with the Conversion described in footnote (4), at the time of the Conversion, each outstanding option to purchase shares of the Issuer's Class B Common Stock issued pursuant to the Issuer's Amended and Restated 2008 Stock Option Plan was automatically converted into an option to purchase the same number of shares of the Issuer's Class A Common Stock. Otherwise, the terms of each such option remained unchanged.
- [F6]The shares subject to this option vested in 48 equal monthly installments, with the first installment on February 15, 2016, subject to the Reporting Person's continuous service to the Issuer on each such date.
Documents
Issuer
TWILIO INC
CIK 0001447669
Entity typeother
Related Parties
1- filerCIK 0001665930
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 4:49 PM ET
- Size
- 16.9 KB