Accession Number: | 0001764925-20-000357 |
Date: | 2020-05-01 |
Issuer: | SLACK TECHNOLOGIES, INC. (WORK) |
Original Submission Date: |
SCHELLHASE DAVID
C/O SLACK TECHNOLOGIES, INC.
500 HOWARD STREET
SAN FRANCISCO,, CA 94105
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2020-05-01 | C | 6,250 | a | $0.00 | 257,995 | direct | ||
CLASS A COMMON STOCK | 2020-05-01 | S | 3,190 | d | $25.93 | 254,805 | direct |
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 Exercisable | Expiration 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 | 2020-05-01 | deemed execution date | M | 6,250 (d) | 2026-02-26 | class b common stock 6,250 | $0.00 | 68,750 | direct | ||
CLASS B COMMON STOCK | 0.0 | 2020-05-01 | deemed execution date | M | 6,250 (a) | class a common stock 6,250 | $0.00 | 6,250 | direct | |||
CLASS B COMMON STOCK | 0.0 | 2020-05-01 | deemed execution date | C | 6,250 (d) | class a common stock 6,250 | $0.00 | 0 | direct |
ID | footnote |
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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 | each rsu represents the right to receive one share of class b common stock. |
f4 | 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. |