| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TWLO | Class A Common Stock | 175,535 | 01 Mar 2023 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TWLO | Employee Stock Option (right to buy) | 01 Mar 2023 | Class A Common Stock | 4,066 | $126.71 | Direct | F2 | ||||||
| holding | TWLO | Employee Stock Option (right to buy) | 01 Mar 2023 | Class A Common Stock | 2,052 | $367.65 | Direct | F3 |
| Id | Content |
|---|---|
| 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 | The stock option shall vest as follows: 1/48th of the stock option shall vest on March 15, 2020, and the remaining shares subject to the stock option shall vest in monthly installments over the following four years, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
| F3 | The stock option shall vest as follows: 1/16th of the stock option shall vest on May 15, 2021, and the remaining shares subject to the stock option shall vest in monthly installments over the following four years, subject to the Reporting Person's continued service to the Issuer through each vesting date. |