Schellhase David 4
4 · Slack Technologies, Inc. · Filed May 5, 2021
Insider Transaction Report
Form 4
Schellhase David
General Counsel and Secretary
Transactions
- Sale
Class A Common Stock
2021-05-03$42.07/sh−3,333$140,219→ 326,875 total - Conversion
Class B Common Stock
2021-05-03−6,250→ 0 total→ Class A Common Stock (6,250 underlying) - Conversion
Class A Common Stock
2021-05-03+6,250→ 330,208 total - Exercise/Conversion
Restricted Stock Units
2021-05-03−6,250→ 43,750 totalExp: 2026-02-26→ Class B Common Stock (6,250 underlying) - Exercise/Conversion
Class B Common Stock
2021-05-03+6,250→ 6,250 total→ Class A Common Stock (6,250 underlying)
Footnotes (4)
- [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.