4//SEC Filing
Butterfield Stewart 4
Accession 0001764925-21-000108
CIK 0001764925other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:02 PM ET
Size
13.2 KB
Accession
0001764925-21-000108
Insider Transaction Report
Form 4
Butterfield Stewart
DirectorChief Executive Officer
Transactions
- Sale
Class A Common Stock
2021-07-01$44.26/sh−109,290$4,837,175→ 1,093,181 total - Exercise/Conversion
Class B Common Stock
2021-07-01+228,801→ 38,584,666 total→ Class A Common Stock (228,801 underlying) - Conversion
Class A Common Stock
2021-07-01+228,801→ 1,202,471 total - Exercise/Conversion
Restricted Stock Units
2021-07-01−228,801→ 76,267 totalExp: 2023-06-08→ Class B Common Stock (228,801 underlying) - Conversion
Class B Common Stock
2021-07-01−228,801→ 38,355,865 total→ Class A Common Stock (228,801 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 occurred with respect to 130,743 of the units on October 1, 2017; and the remaining units vested at a rate of 4.286% of the total RSU grant per quarter thereafter until June 20, 2019, at which point the remaining unvested units began vesting at a rate of 7.5% of the total RSU grant per quarter, subject, in each case, to the Reporting Persons'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.
Documents
Issuer
Slack Technologies, Inc.
CIK 0001764925
Entity typeother
Related Parties
1- filerCIK 0001775610
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 5:02 PM ET
- Size
- 13.2 KB