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TWILIO INC Director's Dealing 2021

Dec 29, 2021

30385_dirs_2021-12-29_b0b9f4ab-95b9-45e9-ad28-4e69b951296a.zip

Director's Dealing

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SEC Form 3/A — Form 3/A

Issuer: TWILIO INC (TWLO)
CIK: 0001447669
Period of Report: 2021-12-15

Reporting Person: Boroditsky Marc (Chief Revenue Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 61876 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $7.07 2025-03-11 Class B Common Stock (46250.0) Direct
Employee Stock Option (right to buy) $41.22 2028-04-19 Class A Common Stock (23154.0) Direct
Employee Stock Option (right to buy) $116.3 2029-02-19 Class A Common Stock (24820.0) Direct
Employee Stock Option (right to buy) $126.71 2030-02-19 Class A Common Stock (19514.0) Direct
Employee Stock Option (right to buy) $367.65 2031-04-19 Class A Common Stock (12821.0) Direct
Employee Stock Option (right to buy) $298.0 2031-11-10 Class A Common Stock (32373.0) Direct

Footnotes

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.

F2: 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.

F3: This award originally represented an option to purchase 25,154 shares, of which 2,000 options have been exercised. The shares subject to this option vest in 48 equal monthly installments, with the first installment on June 15, 2018, subject to the Reporting Person's continued service to the Issuer through each vesting date.

F4: The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2019, subject to the Reporting Person's continued service to the Issuer through each vesting date.

F5: The shares subject to this option vest in 48 equal monthly installments, with the first installment on March 15, 2020, subject to the Reporting Person's continued service to the Issuer through each vesting date.

F6: The shares subject to this option vest 1/16th on May 15, 2021 then in 45 equal monthly installments, subject to the Reporting Person's continued service to the Issuer through each vesting date.

F7: The shares subject to this option vest in 24 equal monthly installments, with the first installment on December 11, 2021, subject to the Reporting Person's continued service to the Issuer through each vesting date.