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Filing Details

Accession Number:: 0001764925-20-000294
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-04-03 17:08:21
Reporting Period:: 2020-04-01

Accepted Time:: 2020-04-03 17:08:21
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-04-01	228,801	$0.00	367,001	No	4	C	Direct
Class A Common Stock	Disposition	2020-04-01	69,343	$26.05	297,658	No	4	S	Direct
Class A Common Stock	Disposition	2020-04-01	11,600	$26.86	286,058	No	4	S	Direct
Class A Common Stock	Disposition	2020-04-01	36,057	$25.74	250,001	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Restricted Stock Units	Disposition	2020-04-01	228,801	$0.00	228,801	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2020-04-01	228,801	$0.00	228,801	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-04-01	228,801	$0.00	228,801	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,220,272	2023-06-08	No	4	M	Direct
40,194,816		No	4	M	Direct
39,966,015		No	4	C	Direct

Footnotes

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.
Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.73 to $26.72. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.73 to $27.35. 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.63 to $25.93. 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.
Each RSU represents the right to receive one share of Class B Common Stock.
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.