Edith W. Cooper - Jul 1, 2021 Form 4 Insider Report for Slack Technologies, Inc. (WORK)

Role
Director
Signature
/s/ David Schellhase, as Attorney-in-Fact
Stock symbol
WORK
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 05:04 PM
Previous filing
Jun 15, 2021
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 Conversion of derivative security $0 +17.1K +7.49% $0.00 245K Jul 1, 2021 Direct F1

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 -17.1K -33.33% $0.00 34.2K Jul 1, 2021 Class B Common Stock 17.1K Direct F1, F2, F3
transaction WORK Class B Common Stock Options Exercise $0 +17.1K $0.00 17.1K Jul 1, 2021 Class A Common Stock 17.1K Direct F1
transaction WORK Class B Common Stock Conversion of derivative security $0 -17.1K -100% $0.00* 0 Jul 1, 2021 Class A Common Stock 17.1K 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 Each Restricted Stock Units (RSU) represents the right to receive one share of Class B Common Stock.
F3 The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on April 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.