Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-19-006483
Date:2019-02-01
Issuer: SENDGRID, INC. (SEND)
Original Submission Date:

Reporting Person:

BALL FREDERICK
C/O SENDGRID, INC.
1801 CALIFORNIA STREET, SUITE 500 DENVER, CO 80202

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-02-01 D 5,651 d $0.00 0 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 5.48 2019-02-01 deemed execution date D 30,000 (d) 2018-04-04 2027-04-03 common stock 30,000 $5.48 0 direct
Footnotes
IDfootnote
f1 disposed of pursuant to the agreement and plan of merger and reorganization dated as of october 15, 2018, as amended on december 13, 2018 (the "merger agreement", and the transactions contemplated therein, the "merger"), by and among the issuer, twilio inc. ("twilio") and topaz merger subsidiary, inc., whereby each share of issuer common stock was canceled in exchange for 0.485 of a share of twilio class a common stock, with fractional shares being paid in cash.
f2 at the effective time of the merger, the 5,651 restricted stock units (each an "rsu") held by the reporting person were cancelled and converted into a right to receive 2,740 fully-vested shares of twilio class a common stock.
f3 at the effective time of the merger, the vesting of all unvested shares subject to the grant fully accelerated. the option was cancelled and converted into a right to receive 12,973 shares of twilio class a common stock.
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