TWILIO INC — Director's Dealing 2016

Jun 22, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TWILIO INC (TWLO)
CIK: 0001447669
Period of Report: 2016-06-22

Reporting Person: ROTTENBERG ERIKA (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Stock Units	26087	Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest according to the following schedule: 33% of the RSUs vest on August 15, 2017; the remaining shares vest in 8 equal quarterly installments thereafter, subject to the Reporting Person's continued service on the Board of Directors of the Issuer at each vesting date. In addition, the RSUs were originally subject to a liquidity condition, which has been satisfied.

F2: Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock will be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.