Home > Insider Trading > Filing (0001628280-19-008306)

Filing Details

Accession Number:: 0001628280-19-008306
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-06-24 21:48:29
Reporting Period:: 2019-06-20

Accepted Time:: 2019-06-24 21:48:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1764925	Slack Technologies Inc.	WORK	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1160077	L Marc Andreessen	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1166586	A Benjamin Horowitz	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1466219	Ah Equity Partners I, L.l.c.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1466249	Andreessen Horowitz Fund I, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1466267	Andreessen Horowitz Fund I-B, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1466268	Andreessen Horowitz Fund I-A, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2019-06-20	2,625,000	$38.61	3,816,419	No	4	S	Indirect	By: AH Parallel Fund IV, L.P.
Class A Common Stock	Disposition	2019-06-20	375,000	$39.00	9,814,412	No	4	S	Indirect	By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock	Acquisiton	2019-06-20	3,866,994	$0.00	7,683,413	No	4	C	Indirect	By: AH Parallel Fund IV, L.P.
Class A Common Stock	Acquisiton	2019-06-20	12,003,090	$0.00	21,817,502	No	4	C	Indirect	By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock	Disposition	2019-06-20	3,866,994	$0.00	3,816,419	No	4	J	Indirect	By: AH Parallel Fund IV, L.P.
Class A Common Stock	Disposition	2019-06-20	12,003,090	$0.00	9,814,412	No	4	J	Indirect	By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock	Acquisiton	2019-06-20	1,693,391	$0.00	1,693,391	No	4	J	Indirect	By Trust
Class A Common Stock	Acquisiton	2019-06-20	1,966,679	$0.00	1,966,679	No	4	J	Indirect	By Trust
Class A Common Stock	Acquisiton	2019-06-20	4,464	$0.00	1,971,143	No	4	J	Indirect	By Trust
Class A Common Stock	Acquisiton	2019-06-20	60,536	$0.00	60,536	No	4	J	Indirect	By AH Capital Management, L.L.C.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By: AH Parallel Fund IV, L.P.
No	4	S	Indirect	By: Andreessen Horowitz Fund I, L.P.
No	4	C	Indirect	By: AH Parallel Fund IV, L.P.
No	4	C	Indirect	By: Andreessen Horowitz Fund I, L.P.
No	4	J	Indirect	By: AH Parallel Fund IV, L.P.
No	4	J	Indirect	By: Andreessen Horowitz Fund I, L.P.
No	4	J	Indirect	By Trust
No	4	J	Indirect	By Trust
No	4	J	Indirect	By Trust
No	4	J	Indirect	By AH Capital Management, L.L.C.

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2019-06-20	3,866,994	$0.00	3,866,994	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2019-06-20	12,003,090	$0.00	12,003,090	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,784,561			No	4	C	Indirect
26,194,858			No	4	C	Indirect

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00			42,990	42,990	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	42,990	42,990	Indirect

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.50 to $39.08. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or 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.
These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively the "AH Parallel Fund IV Entities"). AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, has sole voting and dispositive power with regard to the shares held by the AH Parallel Fund IV Entities. The managing members of AH EP IV Parallel are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Parallel Fund IV Entities.
(Continued from Footnote 2) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in the AH Parallel Fund IV Entities.
These shares are held of record by Andreessen Horowitz Fund I, L.P., as nominee for Andreessen Horowitz Fund I, L.P., Andreessen Horowitz Fund I-A, L.P. and Andreessen Horowitz Fund I-B, L.P. (collectively, the "AH Fund I Entities"). AH Equity Partners I, L.L.C. ("AH EP I"), the general partner of the AH Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH Fund I Entities. The managing members of AH EP I are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Fund I Entities.
(Continued from Footnote 4) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund I Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in the AH Fund I Entities.
Each share of Class B Common Stock is convertible without payment or consideration into one share of Class A Common Stock at the option of the holder and has no expiration date.
On June 20, 2019, the AH Parallel Fund IV Entities distributed, for no consideration, 3,866,994 shares of Class A Common Stock of the Issuer (the "Fund IV Shares") to their limited partners and to AH EP IV Parallel, the general partner of the AH Parallel Fund IV Entities, representing each such partner's pro rata interest in such Fund IV Shares. On the same date, AH EP IV Parallel distributed, for no consideration, the Fund IV Shares it received in the distribution by the AH Parallel Fund IV Entities to its members, representing each such member's pro rata interest in such Fund IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
On June 20, 2019, the AH Fund I Entities distributed, for no consideration, 12,003,090 shares of Class A Common Stock of the Issuer (the "Fund I Shares") to their limited partners and to AH EP I, the general partner of the AH Fund I Entities, representing each such partner's pro rata interest in such Fund I Shares. On the same date, AH EP I distributed, for no consideration, the Fund I Shares it received in the distribution by the AH Fund I Entities to its members, representing each such member's pro rata interest in such Fund I Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
Represents shares received by Ben Horowitz pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partners' members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
The shares are held of record by a family trust for which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Represents shares received by the LAMA Community Trust pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partner's members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
The shares are held of record by the LAMA Community Trust of which Marc Andreessen and his spouse are trustees. Each of the Reporting Persons disclaims the existence of a "group" and, other than Marc Andreessen, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
Represents shares received by the LAMA Community Trust pursuant to a pro rata distribution by SV Angel II, L.P., for no consideration, of shares of Class A Common Stock of the Issuer to its partners. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
Represents shares received by AH Capital Management, L.L.C. pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partners' members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
The shares are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and investment power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
These shares are held of record by a16z Seed III, LLC ("a16z Seed"). The shares held directly by a16z Seed are indirectly held by Andreessen Horowitz Fund III, L.P., Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"), the members of a16z Seed. AH Equity Partners III, L.L.C. ("AH EP III"), the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the shares held by a16z Seed. The managing members of AH EP III are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by a16z Seed.
(Continued from Footnote 15) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Seed (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in a16z Seed.