Dana Wagner - Dec 31, 2024 Form 4 Insider Report for TWILIO INC (TWLO)

Role
Chief Legal Officer, Secretary
Signature
/s/ Sarah DiLorenzo as attorney-in-fact for Reporting Person
Stock symbol
TWLO
Transactions as of
Dec 31, 2024
Transactions value $
-$455,929
Form type
4
Date filed
1/3/2025, 04:51 PM
Previous filing
Dec 6, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWLO Class A Common Stock Sale -$445K -4.15K -11.26% $107.32 32.7K Dec 31, 2024 Direct F1, F2, F3
transaction TWLO Class A Common Stock Sale -$10.8K -100 -0.31% $107.74 32.6K Dec 31, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dana Wagner is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.7250 to $107.70 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 This total reflects the effect of the subsequent forfeiture of RSUs in connection with the Reporting Person's resignation, which was effective on January 1, 2025.