Graham Smith - Jul 21, 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 21, 2021
Transactions value $
$0
Form type
4
Date filed
7/21/2021, 04:38 PM
Previous filing
Jun 28, 2021
Next filing
Aug 3, 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 +150K +628.83% 174K Jul 21, 2021 Direct F1
transaction WORK Class A Common Stock Disposition pursuant to a tender of shares in a change of control transaction -174K -100% 0 Jul 21, 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 Class B Common Stock Conversion of derivative security $0 -150K -100% $0.00* 0 Jul 21, 2021 Class A Common Stock 150K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Graham Smith is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Upon consummation of the exchange offer (as described below), each share of tendered Class B common stock, par value $0.0001 per share, converted on a one-to-one basis into Class A common stock, par value $0.0001 per share.
F2 Pursuant to the Agreement and Plan of Merger, dated as of December 1, 2020 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Skyline Strategies I Inc., Skyline Strategies II LLC, and the Issuer, each share of the Issuer's common stock was tendered in exchange for (i) 0.0776 shares of Salesforce common stock and (ii) $26.79 in cash, together with cash in lieu of any fractional shares of Salesforce common stock.