Allen Shim - Jul 1, 2021 Form 4 Insider Report for Slack Technologies, Inc. (WORK)

Role
Chief Financial Officer
Signature
/s/ David Schellhase, as Attorney-in-Fact
Stock symbol
WORK
Transactions as of
Jul 1, 2021
Transactions value $
-$85,258
Form type
4
Date filed
7/6/2021, 05:04 PM
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WORK Class A Common Stock Sale -$85.3K -1.93K -0.81% $44.29 235K Jul 1, 2021 Direct F1, F2
holding WORK Class A Common Stock 151K Jul 1, 2021 By LLC F3
holding WORK Class A Common Stock 0 Jul 1, 2021 By Allen Shim, trustee of the Allen Shim 2019 Grantor Retained Annuity Trust dated May 1, 2019 F2, F4
holding WORK Class A Common Stock 1.36M Jul 1, 2021 By The Shim-Park Family Revocable Trust F5
holding WORK Class A Common Stock 43.2K Jul 1, 2021 By The Shim Park 2019 Irrevocable Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
F2 Reflects 33,132 shares of Class A common stock distributed by the Allen Shim 2019 Grantor Retained Annuity Trust dated May 1, 2019 to the Reporting Person on June 1, 2021, for no consideration, resulting in a change of form of beneficial ownership in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F3 These shares are held of record by a LLC of which the Reporting Person is the manager. A family trust, for which the Reporting Person is investment advisor, is the sole member of the LLC.
F4 Reflects 43,176 shares of Class A common stock distributed by the Allen Shim 2019 Grantor Retained Annuity Trust dated May 1, 2019 to the Shim Park 2019 Irrevocable Trust on June 1, 2021, for no consideration, resulting in a change of form of beneficial ownership in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F5 Reflects 168,300 shares of Class A common stock donated by the Shim-Park Family Revocable Trust to a donor advised fund on June 18, 2021 for no consideration, in accordance with the exemption afforded by Rule 16b-5 of the Securities Exchange Act of 1934, as amended.