Form Type: 4

SEC EDGAR Link
Accession Number:0001628280-19-008295
Date:2019-06-20
Issuer: SLACK TECHNOLOGIES, INC. (WORK)
Original Submission Date:

Reporting Person:

FRATI ROBERT
C/O SLACK TECHNOLOGIES, INC.
500 HOWARD STREET SAN FRANCISCO, CA 94105

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2019-06-20 C 560,185 a $0.00 560,185 direct
CLASS A COMMON STOCK 2019-06-20 S 276,238 d $38.61 283,947 direct
CLASS A COMMON STOCK 2019-06-21 S 100,000 d $37.43 183,947 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-06-20 deemed execution date M 511,560 (d) 2023-06-08 class b common stock 511,560 $0.00 170,520 direct
CLASS B COMMON STOCK 0.0 2019-06-20 deemed execution date M 511,560 (a) class a common stock 511,560 $0.00 511,560 direct
RESTRICTED STOCK UNITS 0.0 2019-06-20 deemed execution date M 20,500 (d) 2025-06-20 class b common stock 20,500 $0.00 61,500 direct
CLASS B COMMON STOCK 0.0 2019-06-20 deemed execution date M 20,500 (a) class a common stock 20,500 $0.00 532,060 direct
RESTRICTED STOCK UNITS 0.0 2019-06-20 deemed execution date M 12,500 (d) 2025-06-20 class b common stock 12,500 $0.00 27,500 direct
CLASS B COMMON STOCK 0.0 2019-06-20 deemed execution date M 12,500 (a) class a common stock 12,500 $0.00 544,560 direct
RESTRICTED STOCK UNITS 0.0 2019-06-20 deemed execution date M 15,625 (d) 2026-02-26 class b common stock 15,625 $0.00 234,375 direct
CLASS B COMMON STOCK 0.0 2019-06-20 deemed execution date M 15,625 (a) class a common stock 15,625 $0.00 560,185 direct
CLASS B COMMON STOCK 0.0 2019-06-20 deemed execution date C 560,185 (d) class a common stock 560,185 $0.00 0 direct
Footnotes
IDfootnote
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 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $37.01 to $37.84. 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.
f4 each rsu represents the right to receive one share of class b common stock.
f5 the rsus are subject to time-based and performance-based vesting criteria. the time-based vesting occurred with respect to 170,520 of the units on may 1, 2017, and the remaining units vest in 12 quarterly installments thereafter, 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.
f6 the rsus are subject to time-based and performance-based vesting criteria. the time-based vesting occurs in 16 equal quarterly installments commencing on august 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.
f7 the rsus are subject to time-based and performance-based vesting criteria. the time-based vesting occurs in 16 equal quarterly installments commencing on may 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.
f8 the rsus are subject to time-based and performance-based vesting criteria. the time-based vesting occurs in 16 equal quarterly installments commencing on may 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.
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