<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2021 Workiva--><!--r:7bc69b42-1879-4b8f-b37f-a85869751ca3,g:cfc1de98-0d7a-40f3-8b89-5bdd90daa7dc,d:e9a23e15b9af4521a8c8bedee516d1ee--><html xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:dei="http://xbrl.sec.gov/dei/2021" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.w3.org/1999/xhtml" xmlns:twlo="http://www.twilio.com/20210714" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>twlo-20210714</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV80L2ZyYWc6N2Q2MjVkMzIxNzRjNGExOWFlNmE4ZGE3MTIwMjgyNTQvdGFibGU6NGI1MTk5MjBhODQ2NGFhOWJhZTQwYTQwMDJmODM4NjUvdGFibGVyYW5nZTo0YjUxOTkyMGE4NDY0YWE5YmFlNDBhNDAwMmY4Mzg2NV8yLTEtMS0xLTA_d1435182-222a-4a8e-8899-410004acde51">0001447669</ix:nonNumeric><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV80L2ZyYWc6N2Q2MjVkMzIxNzRjNGExOWFlNmE4ZGE3MTIwMjgyNTQvdGFibGU6NGI1MTk5MjBhODQ2NGFhOWJhZTQwYTQwMDJmODM4NjUvdGFibGVyYW5nZTo0YjUxOTkyMGE4NDY0YWE5YmFlNDBhNDAwMmY4Mzg2NV81LTEtMS0xLTA_c29a9a01-2fb8-4cb4-ba24-1476dede18c9">false</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="twlo-20210714.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="ia2849511200d4514bf05241a7e528fac_D20210714-20210714"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001447669</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2021-07-14</xbrli:startDate><xbrli:endDate>2021-07-14</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="ie9a23e15b9af4521a8c8bedee516d1ee_1"></div><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:16pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:16pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Washington, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">________________________________________</span></div><div style="margin-top:12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:16pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjEx_20eac3b9-de26-485a-9359-9d93a22b7627">8-K</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">________________________________________</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Pursuant to Section&#160;13 or 15(d)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">of the Securities Exchange Act of 1934</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Date of Report (Date of earliest event reported): </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8zMDY_f8bd2eb2-4296-435a-9e49-f020906a0405">July 14, 2021</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">________________________________________</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:16pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA1_777336df-9ae3-4d2b-bc04-cec384e8f950">Twilio Inc.</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">________________________________________</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:29.793%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.413%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.939%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.413%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.942%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6ZWRkNDUzN2IwMjExNGJhOWFkYTNiOTFlNmJkN2QwYjMvdGFibGVyYW5nZTplZGQ0NTM3YjAyMTE0YmE5YWRhM2I5MWU2YmQ3ZDBiM18wLTAtMS0xLTA_156638cc-83c9-44ba-a8ac-9ec963254fa6">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6ZWRkNDUzN2IwMjExNGJhOWFkYTNiOTFlNmJkN2QwYjMvdGFibGVyYW5nZTplZGQ0NTM3YjAyMTE0YmE5YWRhM2I5MWU2YmQ3ZDBiM18wLTItMS0xLTA_f47b21ff-db38-4d4f-8bda-f02716da2cb0">001-37806</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6ZWRkNDUzN2IwMjExNGJhOWFkYTNiOTFlNmJkN2QwYjMvdGFibGVyYW5nZTplZGQ0NTM3YjAyMTE0YmE5YWRhM2I5MWU2YmQ3ZDBiM18wLTQtMS0xLTA_6907d4ed-2d09-456b-99f3-fe148560c09b">26-2574840</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(State or other jurisdiction<br/>of incorporation)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Commission<br/>File Number)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(IRS Employer<br/>Identification No.)</span></td></tr></table></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA2_570dfdf2-9b3b-4715-907b-7c5db77f233b">101 Spear Street</ix:nonNumeric>, <ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityAddressAddressLine2" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA3_3b16a05c-4f44-4420-8f2d-bc1f6685cfdc">First Floor</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA4_64a833ec-40ae-4ffc-b82f-fe3ccb4493e1">San Francisco</ix:nonNumeric>, <ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA5_65cbe267-2160-43dd-a399-9945e240a1ab">California</ix:nonNumeric> <ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjEw_822eb884-b061-4ab6-b923-825f4ecbf2e4">94105</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Address of principal executive offices) (Zip Code)</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(<ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjAz_6c543201-39f3-4a98-a540-d355035eb847">415</ix:nonNumeric>) <ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGV4dHJlZ2lvbjpjYzRjNDU4OWIwNzc0MWNkOTQxOGY3MWVmNmY3MTRmOF8xMjA0_8f7f64d9-d536-4b80-9c00-1424e46a6eb4">390-2337</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Registrant&#8217;s telephone number, including area code)</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Not applicable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Former name or former address, if changed since last report)</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div><div style="margin-bottom:8pt;margin-top:13pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:0.1%"></td><td style="width:2.292%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:96.408%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:boolballotbox" name="dei:WrittenCommunications" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NTlhYjZkZDE1OTExNDQ2ZDhiMTU2NzA1NTNjMTM3ZTMvdGFibGVyYW5nZTo1OWFiNmRkMTU5MTE0NDZkOGIxNTY3MDU1M2MxMzdlM18wLTAtMS0xLTA_52841859-8b1c-4424-8333-0f148fd9a846">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:boolballotbox" name="dei:SolicitingMaterial" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NTlhYjZkZDE1OTExNDQ2ZDhiMTU2NzA1NTNjMTM3ZTMvdGFibGVyYW5nZTo1OWFiNmRkMTU5MTE0NDZkOGIxNTY3MDU1M2MxMzdlM18xLTAtMS0xLTA_829a37d9-0677-4d95-899d-c4529343f5ba">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:boolballotbox" name="dei:PreCommencementTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NTlhYjZkZDE1OTExNDQ2ZDhiMTU2NzA1NTNjMTM3ZTMvdGFibGVyYW5nZTo1OWFiNmRkMTU5MTE0NDZkOGIxNTY3MDU1M2MxMzdlM18yLTAtMS0xLTA_7f251f86-deb0-4e57-8f15-1c34d7c97d04">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:boolballotbox" name="dei:PreCommencementIssuerTenderOffer" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NTlhYjZkZDE1OTExNDQ2ZDhiMTU2NzA1NTNjMTM3ZTMvdGFibGVyYW5nZTo1OWFiNmRkMTU5MTE0NDZkOGIxNTY3MDU1M2MxMzdlM18zLTAtMS0xLTA_5327ff85-7bec-4b1b-bfb4-6c7a926ed22d">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div></td></tr></table></div><div style="margin-bottom:10pt;margin-top:14pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span></div><div style="margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:40.603%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.534%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.521%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.534%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:38.108%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Title of each class</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Trading symbol(s)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Name of each exchange on which registered</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NDQ3NDM4MzNjZjM1NDZiNTljZjZhOWYzNmExYzA4NmQvdGFibGVyYW5nZTo0NDc0MzgzM2NmMzU0NmI1OWNmNmE5ZjM2YTFjMDg2ZF8xLTAtMS0xLTA_5d486664-3eea-4a2b-8ebc-e9205f5c4e70">Class A Common Stock, par value $0.001 per share</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NDQ3NDM4MzNjZjM1NDZiNTljZjZhOWYzNmExYzA4NmQvdGFibGVyYW5nZTo0NDc0MzgzM2NmMzU0NmI1OWNmNmE5ZjM2YTFjMDg2ZF8xLTItMS0xLTA_ad788b6c-609c-4645-a34a-e383c854c4aa">TWLO</ix:nonNumeric></span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NDQ3NDM4MzNjZjM1NDZiNTljZjZhOWYzNmExYzA4NmQvdGFibGVyYW5nZTo0NDc0MzgzM2NmMzU0NmI1OWNmNmE5ZjM2YTFjMDg2ZF8xLTQtMS0xLTA_61c066c7-ecdf-4453-b82a-dc56557efa3f">The New York Stock Exchange</ix:nonNumeric></span></td></tr></table></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:93.043%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.757%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Emerging growth company</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="ia2849511200d4514bf05241a7e528fac_D20210714-20210714" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="id3VybDovL2RvY3MudjEvZG9jOmU5YTIzZTE1YjlhZjQ1MjFhOGM4YmVkZWU1MTZkMWVlL3NlYzplOWEyM2UxNWI5YWY0NTIxYThjOGJlZGVlNTE2ZDFlZV8xL2ZyYWc6Y2M0YzQ1ODliMDc3NDFjZDk0MThmNzFlZjZmNzE0ZjgvdGFibGU6NjkyMmQ0MWY2OWRhNGRhZDg5MGY1M2U3NmIwMTM0OTYvdGFibGVyYW5nZTo2OTIyZDQxZjY5ZGE0ZGFkODkwZjUzZTc2YjAxMzQ5Nl8wLTEtMS0xLTA_e9f85cac-5907-455c-a461-fafb89f83de1">&#9744;</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</span></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#9744;</span></td></tr></table></div><div><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span><br/></span></div></div></div><div id="ie9a23e15b9af4521a8c8bedee516d1ee_7"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="-sec-extract:summary;margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 3.02&#160;&#160;&#160;&#160;Unregistered Sales of Equity Securities</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The information set forth in Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 8.01       Other Events.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On July 14, 2021, Twilio Inc. (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Twilio</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) completed its previously announced acquisition of Zipwhip, Inc., a Delaware corporation (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Company</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), pursuant to the terms of an Agreement and Plan of Merger and Reorganization, dated as of May 16, 2021 (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger Agreement</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), with Zeus Merger Sub I, Inc., a Delaware corporation and a direct and wholly owned subsidiary of Twilio (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger Sub I</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), Zeus Merger Sub II, LLC, a Delaware limited liability company and a direct and wholly owned subsidiary of Twilio (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger Sub II</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), the Company and Fortis Advisors LLC, a Delaware limited liability company, solely in its capacity as the representative of certain Company securityholders. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The acquisition was accomplished by: (i) the merger of Merger Sub I with and into the Company (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">First Merger</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), and upon consummation of the First Merger, Merger Sub I ceasing to exist and the Company becoming a wholly owned subsidiary of Twilio and (ii) as part of the same overall transaction, promptly after the First Merger, the surviving corporation of the First Merger (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">First Step Surviving Corporation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) merging with and into Merger Sub II (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Second Merger</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221; and, together with the First Merger, the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), and upon consummation of the Second Merger, the First Step Surviving Corporation ceasing to exist and Merger Sub II surviving as a wholly owned subsidiary of Twilio (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Surviving Entity</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;). </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Upon consummation of the transactions contemplated by the Merger Agreement (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Closing</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), all outstanding shares of Company capital stock, options to purchase shares of Company capital stock (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Company Options</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), restricted stock units representing the right to receive Company capital stock (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Company RSUs</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) and warrants to purchase Company capital stock (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Company Warrants</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), in each case other than as set forth in the following sentence, were cancelled in exchange for aggregate consideration of $850,000,000, subject to certain adjustments, of which (i) $417,671,618.38 was in the form of cash (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Cash Consideration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) and (ii) $417,671,618.38 was in the form of shares of Class A common stock of Twilio, par value $0.001 per share (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Twilio Class A Common Stock</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Stock Consideration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;). However, (a) holders of (i) shares of Company capital stock held by unaccredited stockholders, (ii) vested Company Options and (iii) vested Company RSUs each received an aggregate portion of the Cash Consideration equal to approximately $83,232,306.84 in respect of their shares, vested Company Options and vested Company RSUs, (b) unvested Company Options and unvested Company RSUs, in each case, held by employees of the Company who became, upon the Closing, employees of Twilio or any of its subsidiaries (including the Surviving Entity) have been assumed by Twilio and converted into a corresponding unvested stock option of Twilio to purchase 83,539 shares of Twilio Class A Common Stock or a corresponding unvested restricted stock unit representing the right to receive Twilio Class A Common Stock, as the case may be, and (c) all other unvested Company Options and unvested Company RSUs were cancelled for no consideration. A portion of the aggregate consideration payable to certain of the Company securityholders is being held in escrow (x) to secure certain indemnification obligations of such Company securityholders, (y) to secure the indemnification obligations of the Company securityholders with respect to certain specified matters and (z) in connection with certain post-closing purchase price adjustment mechanisms.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Twilio issued the Stock Consideration described herein in reliance upon the exemptions from registration afforded by Section 4(a)(2) and Rule 506 promulgated under the Securities Act of 1933, as amended. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The foregoing summary of the Merger Agreement and the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Merger Agreement, which will be filed as an exhibit on the earlier to be filed of (i) Twilio&#8217;s Quarterly Report on Form 10-Q for the quarter ending June 30, 2021 and (ii) the Resale Registration Statement on Form S-3 covering the resale of the Stock Consideration. </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On July 14, 2021, Twilio issued a press release announcing the Closing. The press release is furnished herewith as Exhibit 99.1. </span></div><div style="margin-bottom:8pt;margin-top:8pt;padding-left:54pt;text-indent:-54pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 9.01&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(d) Exhibits.</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Exhibit No.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Description</span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="twlo8-kx07142021exhibit991.htm">99.1                      Press release dated Ju</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="twlo8-kx07142021exhibit991.htm">ly</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="twlo8-kx07142021exhibit991.htm"> </a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="twlo8-kx07142021exhibit991.htm">14</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="twlo8-kx07142021exhibit991.htm">, 2021</a></span></div><div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cover Page Interactive Data File (embedded within the Inline XBRL document)</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span><br/></span></div></div></div><div id="ie9a23e15b9af4521a8c8bedee516d1ee_10"></div><hr style="page-break-after:always"/><div style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURES</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div><span><br/></span></div><div><span><br/></span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.707%"><tr><td style="width:1.0%"></td><td style="width:48.753%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.498%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:42.449%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">TWILIO INC.</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">July 14, 2021</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Khozema Z. Shipchandler</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name:</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Khozema Z. Shipchandler</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Financial Officer</span></td></tr></table></div><div><span><br/></span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><span><br/></span></div></div></div></body></html>
[{"type": "8-K", "sequence": "1", "filename": "twlo-20210714.htm", "description": "8-K", "secsgml_size_bytes": 44395}]
{"company-data": {"conformed-name": "TWILIO INC", "cik": "0001447669", "assigned-sic": "7372", "irs-number": "000000000", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-37806", "film-number": "211089344"}, "business-address": {"street1": "375 BEALE ST", "street2": "SUITE 300", "city": "San Francisco", "state": "CA", "zip": "94105", "phone": "650-270-2199"}, "mail-address": {"street1": "375 BEALE ST", "street2": "SUITE 300", "city": "San Francisco", "state": "CA", "zip": "94105"}}
twlo-20210714
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________________________________
FORM
8-K
________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 14, 2021
________________________________________
Twilio Inc.
(Exact name of registrant as specified in its charter)
________________________________________
Delaware
001-37806
26-2574840
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
101 Spear Street
,
First Floor
San Francisco
,
California
94105
(Address of principal executive offices) (Zip Code)
(
415
)
390-2337
(Registrant's telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Class A Common Stock, par value $0.001 per share
TWLO
The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 3.02    Unregistered Sales of Equity Securities
The information set forth in Item 8.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
Item 8.01       Other Events.
On July 14, 2021, Twilio Inc. ("
Twilio
") completed its previously announced acquisition of Zipwhip, Inc., a Delaware corporation (the "
Company
"), pursuant to the terms of an Agreement and Plan of Merger and Reorganization, dated as of May 16, 2021 (the "
Merger Agreement
"), with Zeus Merger Sub I, Inc., a Delaware corporation and a direct and wholly owned subsidiary of Twilio ("
Merger Sub I
"), Zeus Merger Sub II, LLC, a Delaware limited liability company and a direct and wholly owned subsidiary of Twilio ("
Merger Sub II
"), the Company and Fortis Advisors LLC, a Delaware limited liability company, solely in its capacity as the representative of certain Company securityholders.
The acquisition was accomplished by: (i) the merger of Merger Sub I with and into the Company (the "
First Merger
"), and upon consummation of the First Merger, Merger Sub I ceasing to exist and the Company becoming a wholly owned subsidiary of Twilio and (ii) as part of the same overall transaction, promptly after the First Merger, the surviving corporation of the First Merger (the "
First Step Surviving Corporation
") merging with and into Merger Sub II (the "
Second Merger
" and, together with the First Merger, the "
Merger
"), and upon consummation of the Second Merger, the First Step Surviving Corporation ceasing to exist and Merger Sub II surviving as a wholly owned subsidiary of Twilio (the "
Surviving Entity
").
Upon consummation of the transactions contemplated by the Merger Agreement (the "
Closing
"), all outstanding shares of Company capital stock, options to purchase shares of Company capital stock ("
Company Options
"), restricted stock units representing the right to receive Company capital stock ("
Company RSUs
") and warrants to purchase Company capital stock ("
Company Warrants
"), in each case other than as set forth in the following sentence, were cancelled in exchange for aggregate consideration of $850,000,000, subject to certain adjustments, of which (i) $417,671,618.38 was in the form of cash (the "
Cash Consideration
") and (ii) $417,671,618.38 was in the form of shares of Class A common stock of Twilio, par value $0.001 per share ("
Twilio Class A Common Stock
") (the "
Stock Consideration
"). However, (a) holders of (i) shares of Company capital stock held by unaccredited stockholders, (ii) vested Company Options and (iii) vested Company RSUs each received an aggregate portion of the Cash Consideration equal to approximately $83,232,306.84 in respect of their shares, vested Company Options and vested Company RSUs, (b) unvested Company Options and unvested Company RSUs, in each case, held by employees of the Company who became, upon the Closing, employees of Twilio or any of its subsidiaries (including the Surviving Entity) have been assumed by Twilio and converted into a corresponding unvested stock option of Twilio to purchase 83,539 shares of Twilio Class A Common Stock or a corresponding unvested restricted stock unit representing the right to receive Twilio Class A Common Stock, as the case may be, and (c) all other unvested Company Options and unvested Company RSUs were cancelled for no consideration. A portion of the aggregate consideration payable to certain of the Company securityholders is being held in escrow (x) to secure certain indemnification obligations of such Company securityholders, (y) to secure the indemnification obligations of the Company securityholders with respect to certain specified matters and (z) in connection with certain post-closing purchase price adjustment mechanisms.
Twilio issued the Stock Consideration described herein in reliance upon the exemptions from registration afforded by Section 4(a)(2) and Rule 506 promulgated under the Securities Act of 1933, as amended.
The foregoing summary of the Merger Agreement and the transactions contemplated thereby does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Merger Agreement, which will be filed as an exhibit on the earlier to be filed of (i) Twilio's Quarterly Report on Form 10-Q for the quarter ending June 30, 2021 and (ii) the Resale Registration Statement on Form S-3 covering the resale of the Stock Consideration.
On July 14, 2021, Twilio issued a press release announcing the Closing. The press release is furnished herewith as Exhibit 99.1.
Item 9.01    Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1                      Press release dated Ju
ly
14
, 2021
104        Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TWILIO INC.
July 14, 2021
By:
/s/ Khozema Z. Shipchandler
Name:
Khozema Z. Shipchandler
Title:
Chief Financial Officer