Filing Details

Accession Number:
0001764925-20-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-01-06 16:59:59
Reporting Period:
2020-01-02
Accepted Time:
2020-01-06 16:59:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1764925 Slack Technologies Inc. WORK Services-Telephone Interconnect Systems (7385) 264400325
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1775610 Stewart Butterfield C/O Slack Technologies, Inc.
500 Howard Street
San Francisco, CA 94105
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-01-02 228,801 $0.00 369,748 No 4 C Direct
Class A Common Stock Disposition 2020-01-02 106,093 $22.69 263,655 No 4 S Direct
Class A Common Stock Disposition 2020-01-02 2,500 $22.74 261,155 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Disposition 2020-01-02 228,801 $0.00 228,801 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2020-01-02 228,801 $0.00 228,801 $0.00
Class A Common Stock Class B Common Stock Disposition 2020-01-02 228,801 $0.00 228,801 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,449,073 2023-06-08 No 4 M Direct
40,194,816 No 4 M Direct
39,966,015 No 4 C Direct
Footnotes
  1. 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.
  2. Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.23 to $23.15. 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.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.29 to $23.02. 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.
  6. Each RSU represents the right to receive one share of Class B Common Stock.
  7. The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurred with respect to 130,743 of the units on October 1, 2017; and the remaining units vested at a rate of 4.286% of the total RSU grant per quarter thereafter until June 20, 2019, at which point the remaining unvested units began vesting at a rate of 7.5% of the total RSU grant per quarter, subject, in each case, to the Reporting Persons's continued service with the Issuer on each such date. The performance-based criteria was satisfied upon the Issuer's listing and public trading of its Class A Common Stock on June 20, 2019.