Schellhase David 4
4 · Slack Technologies, Inc. · Filed Jun 3, 2021
Insider Transaction Report
Form 4
Schellhase David
General Counsel and Secretary
Transactions
- Conversion
Class B Common Stock
2021-06-01−6,250→ 0 total→ Class A Common Stock (6,250 underlying) - Conversion
Class A Common Stock
2021-06-01+6,250→ 333,125 total - Sale
Class A Common Stock
2021-06-01$43.82/sh−3,333$146,052→ 329,792 total - Exercise/Conversion
Class B Common Stock
2021-06-01+6,250→ 6,250 total→ Class A Common Stock (6,250 underlying) - Exercise/Conversion
Restricted Stock Units
2021-06-01−6,250→ 37,500 totalExp: 2025-11-28→ Class B 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 March 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.