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TWILIO INC — Director's Dealing 2023
Mar 31, 2023
30385_dirs_2023-03-30_ff90eb05-389b-4f88-a2fc-745922dbd3e1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TWILIO INC (TWLO)
CIK: 0001447669
Period of Report: 2023-03-28
Reporting Person: Bell Charles H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-28 | Class A Common Stock | A | 6428 | — | Acquired | 6428 | Direct |
Footnotes
F1: The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each RSU represents the contingent right to receive one share of the Issuer's Class A common stock. The RSUs shall vest as follows: 10.6% of the RSUs will vest on June 22, 2023, the one year anniversary of our last annual meeting of stockholders (the "Initial Vesting Date"), 44.7% of the RSUs will vest on the one year anniversary of the Initial Vesting Date and 44.7% of the RSUs will vest on the two year anniversary of the Initial Vesting Date, subject, in each case, to continued service as a director of the Issuer through each such vesting date.
F2: These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F3: Includes RSUs that have been deferred by the Reporting Person.