Brandon Zell - 01 Jul 2021 Form 4 Insider Report for Slack Technologies, Inc.

Role
Chief Accounting Officer
Signature
/s/ David Schellhase, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Jul 2021
Net transactions value
-$147,840
Form type
4
Filing time
06 Jul 2021, 17:02:40 UTC
Next filing
21 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WORK Class A Common Stock Conversion of derivative security $0 +2,812 +1.5% $0.000000 192,454 01 Jul 2021 Direct F1
transaction WORK Class A Common Stock Sale $66,435 -1,500 -0.78% $44.29 190,954 01 Jul 2021 Direct F2
transaction WORK Class A Common Stock Sale $81,405 -1,838 -0.96% $44.29 189,116 01 Jul 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WORK Restricted Stock Units Options Exercise $0 -1,562 -25% $0.000000 4,688 01 Jul 2021 Class B Common Stock 1,562 Direct F1, F3, F4
transaction WORK Class B Common Stock Options Exercise $0 +1,562 $0.000000 1,562 01 Jul 2021 Class A Common Stock 1,562 Direct F1
transaction WORK Restricted Stock Units Options Exercise $0 -1,250 -12% $0.000000 8,750 01 Jul 2021 Class B Common Stock 1,250 Direct F1, F3, F5
transaction WORK Class B Common Stock Options Exercise $0 +1,250 +80% $0.000000 2,812 01 Jul 2021 Class A Common Stock 1,250 Direct F1
transaction WORK Class B Common Stock Conversion of derivative security $0 -2,812 -100% $0.000000* 0 01 Jul 2021 Class A Common Stock 2,812 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
F3 Each RSU represents the right to receive one share of Class B Common Stock.
F4 The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on July 1, 2018, subject to the Reporting Person'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.
F5 The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on July 1, 2019, subject to the Reporting Person'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.