4//SEC Filing
OFARRELL JOHN 4
Accession 0001764925-20-000284
CIK 0001764925other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 8:40 PM ET
Size
27.5 KB
Accession
0001764925-20-000284
Insider Transaction Report
Form 4
OFARRELL JOHN
Director
Transactions
- Conversion
Class B Common Stock
2020-03-19−850,000→ 0 total(indirect: By: AH Parallel Fund IV, L.P.)→ Class A Common Stock (850,000 underlying) - Conversion
Class A Common Stock
2020-03-19+850,000→ 850,000 total(indirect: By: AH Parallel Fund IV, L.P.) - Conversion
Class B Common Stock
2020-03-17−24,006,180→ 0 total(indirect: By: Andreessen Horowitz Fund I, L.P.)→ Class A Common Stock (24,006,180 underlying) - Other
Class A Common Stock
2020-03-17−24,006,180→ 0 total(indirect: By: Andreessen Horowitz Fund I, L.P.) - Sale
Class A Common Stock
2020-03-19$20.54/sh−845,800$17,372,732→ 4,200 total(indirect: By: AH Parallel Fund IV, L.P.) - Conversion
Class A Common Stock
2020-03-17+24,006,180→ 24,006,180 total(indirect: By: Andreessen Horowitz Fund I, L.P.) - Other
Class A Common Stock
2020-03-17+533,587→ 1,068,138 total(indirect: By Trust) - Conversion
Class A Common Stock
2020-03-17+6,883,986→ 6,883,986 total(indirect: By: AH Parallel Fund IV, L.P.) - Other
Class A Common Stock
2020-03-17−6,883,986→ 0 total(indirect: By: AH Parallel Fund IV, L.P.) - Sale
Class A Common Stock
2020-03-19$21.01/sh−4,200$88,242→ 0 total(indirect: By: AH Parallel Fund IV, L.P.) - Conversion
Class B Common Stock
2020-03-17−6,883,986→ 850,000 total(indirect: By: AH Parallel Fund IV, L.P.)→ Class A Common Stock (6,883,986 underlying)
Footnotes (9)
- [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]These shares are held of record by Andreessen Horowitz Fund I, L.P., as nominee for Andreessen Horowitz Fund I, L.P., Andreessen Horowitz Fund I-A, L.P. and Andreessen Horowitz Fund I-B, L.P. (collectively, the "AH Fund I Entities"). The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund I Entities (and this report shall not be deemed an admission that he is the beneficial owner of such securities), except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in the AH Fund I Entities, and/or the general partner entity thereof, as applicable.
- [F3]These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively the "AH Parallel Fund IV Entities"). The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in the AH Parallel Fund IV Entities, and/or the general partner entity thereof, as applicable.
- [F4]On March 17, 2020, the AH Fund I Entities distributed, for no consideration, 24,006,180 shares of Class A Common Stock of the Issuer (the "Fund I Shares") to their limited partners and to AH Equity Partners I, L.L.C ("AH EP I"), the general partner of the AH Fund I Entities, representing each such partner's pro rata interest in such Fund I Shares. On the same date, AH EP I distributed, for no consideration, the Fund I Shares it received in the distribution by the AH Fund I Entities to its members, representing each such member's pro rata interest in such Fund I Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F5]On March 17, 2020, the AH Parallel Fund IV Entities distributed, for no consideration, 6,883,986 shares of Class A Common Stock of the Issuer (the "Fund IV Shares") to their limited partners and to AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, representing each such partner's pro rata interest in such Fund IV Shares. On the same date, AH EP IV Parallel distributed, for no consideration, the Fund IV Shares it received in the distribution by the AH Parallel Fund IV Entities to its members, representing each such member's pro rata interest in such Fund IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F6]Represents shares received by the Reporting Person pursuant to a distribution by each of the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partners' members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F7]The shares are held of record by a family trust for which the Reporting Person is a trustee.
- [F8]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.99. 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.
- [F9]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.03. 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.
Documents
Issuer
Slack Technologies, Inc.
CIK 0001764925
Entity typeother
Related Parties
1- filerCIK 0001191712
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 8:40 PM ET
- Size
- 27.5 KB