0001764925-20-000468.txt : 20200706
0001764925-20-000468.hdr.sgml : 20200706
20200706170159
ACCESSION NUMBER: 0001764925-20-000468
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200701
FILED AS OF DATE: 20200706
DATE AS OF CHANGE: 20200706
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Butterfield Stewart
CENTRAL INDEX KEY: 0001775610
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38926
FILM NUMBER: 201014114
MAIL ADDRESS:
STREET 1: CO/ SLACK TECHNOLOGIES, INC. 500 HOWARD
STREET 2: STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Slack Technologies, Inc.
CENTRAL INDEX KEY: 0001764925
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385]
IRS NUMBER: 264400325
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 500 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: (415) 630-7943
MAIL ADDRESS:
STREET 1: 500 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
wf-form4_159406930045426.xml
FORM 4
X0306
4
2020-07-01
0
0001764925
Slack Technologies, Inc.
WORK
0001775610
Butterfield Stewart
C/O SLACK TECHNOLOGIES, INC.
500 HOWARD STREET
SAN FRANCISCO,
CA
94105
1
1
0
0
Chief Executive Officer
Class A Common Stock
2020-07-01
4
C
0
228801
0
A
368802
D
Class A Common Stock
2020-07-01
4
S
0
114385
30.86
D
254417
D
Class A Common Stock
2020-07-01
4
S
0
25000
30.80
D
229417
D
Restricted Stock Units
2020-07-01
4
M
0
228801
0
D
2023-06-08
Class B Common Stock
228801.0
991471
D
Class B Common Stock
2020-07-01
4
M
0
228801
0
A
Class A Common Stock
228801.0
40074816
D
Class B Common Stock
2020-07-01
4
C
0
228801
0
D
Class A Common Stock
228801.0
39846015
D
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).
This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.62 to $31.23. 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 $30.63 to $31.06. 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.
/s/ David Schellhase, as Attorney-in-Fact
2020-07-06