FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sloan Stephen M
2. Issuer Name and Ticker or Trading Symbol

SendGrid, Inc. [ SEND ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Product Officer
(Last)          (First)          (Middle)

C/O SENDGRID, INC., 1801 CALIFORNIA STREET, SUITE 500
3. Date of Earliest Transaction (MM/DD/YYYY)

2/1/2019
(Street)

DENVER, CO 80202
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   $2.46   2/1/2019     D         304124      (1) 12/7/2025   Common Stock   304124   $0.00   0   D    
Employee Stock Option (Right to Buy)   $12.00   2/1/2019     D         50000      (2) 7/25/2027   Common Stock   50000   $0.00   0   D    

Explanation of Responses:
(1)  Pursuant to the Agreement and Plan of Merger and Reorganization dated as of October 15, 2018, as amended on December 13, 2018 (and the transactions contemplated therein, the "Merger"), by and among the Issuer, Twilio Inc. ("Twilio") and Topaz Merger Subsidiary, Inc., the option was assumed by Twilio and replaced with an option to purchase 0.485 of a share of Twilio Class A Common Stock (rounded down to the nearest whole share), or 147,500 shares of Twilio Class A Common Stock with an exercise price of $5.07 per share. Following the effective time of the Merger, the 39,976 unvested shares will vest in equal monthly installments until fully vested on October 19, 2020.
(2)  At the effective time of the Merger, the vesting of 25% of all unvested shares subject to the grant accelerated, with the remaining shares exercisable in fifteen equal monthly installments commencing on the one-month anniversary of October 1, 2019. The option was assumed by Twilio in the Merger and replaced with an option to purchase 24,249 shares of Twilio Class A Common Stock with an exercise price of $24.74 per share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sloan Stephen M
C/O SENDGRID, INC.
1801 CALIFORNIA STREET, SUITE 500
DENVER, CO 80202


Chief Product Officer

Signatures
/s/ Matthew P. Dubofsky, Attorney-in-Fact 2/1/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Sendgrid, Inc. (NYSE:SEND)
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부터 5월(5) 2024 으로 6월(6) 2024 Sendgrid, Inc. 차트를 더 보려면 여기를 클릭.
Sendgrid, Inc. (NYSE:SEND)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Sendgrid, Inc. 차트를 더 보려면 여기를 클릭.