Zell Brandon 4
4 · Slack Technologies, Inc. · Filed May 5, 2021
Insider Transaction Report
Form 4
Zell Brandon
Chief Accounting Officer
Transactions
- Sale
Class A Common Stock
2021-05-03$42.07/sh−3,999$168,238→ 189,642 total - Exercise/Conversion
Class B Common Stock
2021-05-03+7,500→ 7,500 total→ Class A Common Stock (7,500 underlying) - Conversion
Class A Common Stock
2021-05-03+7,500→ 193,641 total - Exercise/Conversion
Restricted Stock Units
2021-05-03−7,500→ 37,500 totalExp: 2025-11-28→ Class B Common Stock (7,500 underlying) - Conversion
Class B Common Stock
2021-05-03−7,500→ 0 total→ Class A Common Stock (7,500 underlying)
Footnotes (5)
- [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]Includes 787 shares of Class A Common Stock acquired by the Reporting Person under the Issuer's Employee Stock Purchase Program on April 9, 2021 in a transaction that was exempt under Rule 16b-3.
- [F3]Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
- [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 occurs in 16 quarterly installments commencing on November 1, 2018, subject to the Reporting Persons 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.