4//SEC Filing
Yehoshua Tamar 4
Accession 0001764925-21-000141
CIK 0001764925other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 4:40 PM ET
Size
11.3 KB
Accession
0001764925-21-000141
Insider Transaction Report
Form 4
Yehoshua Tamar
Chief Product Officer
Transactions
- Disposition from Tender
Class A Common Stock
2021-07-21−83,517→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-07-21−535,476→ 0 total→ Class B Common Stock (535,476 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2021-07-21−94,896→ 0 totalExercise: $24.31Exp: 2030-04-05→ Class A Common Stock (94,896 underlying)
Footnotes (6)
- [F1]Includes 30,919 shares of Class A common stock subject to restricted stock units ("RSUs") of the Issuer. Pursuant to the the Agreement and Plan of Merger, dated as of December 1, 2020 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Skyline Strategies I Inc., Skyline Strategies II LLC, and the Issuer, at the effective time of the merger (the "Effective Time"), each of the Issuer's RSUs were assumed and converted into an RSU with respect to a number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer RSU immediately prior to the Effective Time by (ii) the "option/RSU conversion ratio" as defined in the definitive proxy statement filed by the Issuer with the SEC on January 29, 2021. The converted RSU will otherwise be subject to the same terms and conditions as were applicable to the Issuer RSU prior to the Effective Time.
- [F2]Pursuant to the Merger Agreement, each share of the Issuer's common stock was tendered in exchange for (i) 0.0776 shares of Salesforce common stock and (ii) $26.79 in cash, together with cash in lieu of any fractional shares of Salesforce common stock.
- [F3]This RSU represents the right to receive shares of Class B common stock.
- [F4]Pursuant to the Merger Agreement, at the Effective Time, each of the Issuer's RSUs were assumed and converted into an RSU with respect to a number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer RSU immediately prior to the Effective Time by (ii) the option/RSU conversion ratio. The converted RSU will otherwise be subject to the same terms and conditions as were applicable to the Issuer RSU prior to the Effective Time.
- [F5]Not applicable.
- [F6]Pursuant to the Merger Agreement, at the Effective Time, each outstanding option was assumed and converted into an option to purchase the number of shares of Salesforce common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of common stock subject to the Issuer option immediately prior to the Effective Time by (ii) the option/RSU conversion ratio, with an exercise price determined by dividing (i) the exercise price of the Issuer option immediately prior to the Effective Time by (ii) the option/RSU conversion ratio. The converted option will otherwise be subject to the same terms and conditions as were applicable to the Issuer option prior to the Effective Time.
Documents
Issuer
Slack Technologies, Inc.
CIK 0001764925
Entity typeother
Related Parties
1- filerCIK 0001661094
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 4:40 PM ET
- Size
- 11.3 KB