Boroditsky Marc's Form 4/A amendment
AmendedTwilio Inc (TWLO) · filed Mar 23, 2022
- Accession no.
- 0001447669-22-000078
- Filed
- Mar 23, 2022
- Trade date
- Feb 15, 2022
- Filing delay
- 36 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Feb 17, 2022
This filing lists 1 non-derivative transaction. It carries over 4 transactions from the original filing that it did not restate. Open-market sales total $509.9K. It was filed 36 days after the trade.
This amendment restates part of 0001447669-22-000040 (filed Feb 17, 2022). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Boroditsky MarcCIK 0001779922 | Officer (Chief Revenue Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 15, 2022 | Class A Common Stock | FTax withholdingDisposed | −119 | $0.00 | $0 | 57,076 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001447669-22-000040 (filed Feb 17, 2022).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 15, 2022 | Class A Common Stock | SSaleDisposed | −300 | $197.26F2 | −$59,178 | 59,576 | Direct | |
| Feb 15, 2022 | Class A Common Stock | SSaleDisposed | −1,150 | $198.63F4 | −$228,424.5 | 58,426 | Direct | |
| Feb 15, 2022 | Class A Common Stock | SSaleDisposed | −900 | $199.76F5 | −$179,784 | 57,526 | Direct | |
| Feb 15, 2022 | Class A Common Stock | SSaleDisposed | −212 | $200.70F6 | −$42,548.4 | 57,314 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F2
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.8675 to $197.695 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.
Referenced by the price of 1 transaction in Table I.
- F4
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.16 to $199.02 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.
Referenced by the price of 1 transaction in Table I.
- F5
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.32 to $200.145 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.
Referenced by the price of 1 transaction in Table I.
- F6
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.51 to $201.4101 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.
Referenced by the price of 1 transaction in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents shares of Class A common stock that were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of Restricted Stock Units ("RSUs").
- F2
Due to an administrative error, on February 17, 2022, the reporting person filed a Form 4 which inadvertently neglected to report the withholding of shares to pay tax withholding obligations.