Khozema Shipchandler - Mar 31, 2025 Form 4 Insider Report for TWILIO INC (TWLO)

Role: Chief Executive Officer, Director
Signature: /s/ Juliana Chen as attorney-in-fact for Reporting Person
Stock symbol: TWLO
Transactions as of: Mar 31, 2025
Transactions value $: -$1,155,963
Form type: 4
Date filed: 4/2/2025, 05:14 PM
Previous filing: Feb 20, 2025
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	-$355K	-3.74K	-1.22%	$94.91	303K	Mar 31, 2025	Direct	F1, F2, F3
transaction	TWLO	Class A Common Stock	Sale	-$256K	-2.67K	-0.88%	$95.72	301K	Mar 31, 2025	Direct	F1, F3, F4
transaction	TWLO	Class A Common Stock	Sale	-$546K	-5.65K	-1.88%	$96.60	295K	Mar 31, 2025	Direct	F1, F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 $94.2650 to $95.2350 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	A portion of these shares represent RSUs. Each RSU represents a contingent right to receive one share of Issuer's Class A common stock.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.2650 to $96.26 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.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.2950 to $96.9950 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.