Item 2.02 Results of Operations and Financial Condition.
On May 4, 2022, Twilio Inc. (the "Company") issued a press release announcing
its financial results for the quarterly period ended March 31, 2022. A copy of
the press release is furnished herewith as Exhibit 99.1.
The information furnished under this Item 2.02 and in the accompanying Exhibit
99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act regardless of any general incorporation language in such filing,
unless expressly incorporated by specific reference in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On April 28, 2022, Elena Donio, informed the Company of her intention to
resign from the Company's board of directors (the "Board") and the Company's
Compensation and Talent Management Committee. The Board accepted Ms. Donio's
resignation on April 29, 2022. Ms. Donio's resignation did not result from any
disagreements with the Company on any matter relating to its operations,
policies or practices. Effective as of the time of Ms. Donio's resignation on
April 29, 2022, the Board reduced the size of the Board to eight members. The
Company thanks Ms. Donio for her years of service as a member of the Board and
Compensation and Talent Management Committee and looks forward to her
contributions in her role as the Company's President of Revenue.
On April 28, 2022, Marc D. Boroditsky notified the Company of his intention to
resign from his position as the Chief Revenue Officer of the Company effective
immediately. His last day of employment will be August 19, 2022. Mr.
Boroditsky's current salary, benefits and stock option and restricted stock unit
award vesting schedules will remain in effect until August 19, 2022, subject to
his continued employment through such date.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued by Twilio Inc. dated May 4 , 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses