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Filing Details

Accession Number:: 0001628280-19-008308
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-06-24 21:50:08
Reporting Period:: 2019-06-20

Accepted Time:: 2019-06-24 21:50:08
SEC Url:: Form 4 Filing

Issuer

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

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1191712	John Ofarrell	C/O Slack Technologies, Inc. 500 Howard Street San Francisco, CA 94105		Yes	No	No	No

Reported Non-Derivative Transactions

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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	267,276	$0.00	0	No	4	J	Indirect	By Trust

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

Reported Derivative Transactions

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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

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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 Person undertakes 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"). The Reporting Person 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 he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in the AH Parallel Fund IV Entities, and/or the general partner entity thereof, as applicable.
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"). The Reporting Person 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 he is the beneficial owner of such securities), except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in the AH Fund I Entities, and/or the general partner entity thereof, as applicable.
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 Equity Partners IV (Parallel), L.L.C. ("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 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 16a-9 of the Securities Exchange Act of 1934, as amended.
Represents shares received by the Reporting Person pursuant to a distribution by each of 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 16a-9 of the Securities Exchange Act of 1934, as amended.
The shares are held of record by a family trust for which the Reporting Person is a trustee.
These shares are held of record by a16z Seed III, LLC ("a16z Seed"). The Reporting Person 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 he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in a16z Seed, and/or its members and/or the general partner entity thereof, as applicable