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Butterfield Stewart's Form 4 filing

Slack Technologies, Inc. (WORK) · filed Jul 6, 2021

Accession no.
0001764925-21-000108
Filed
Jul 6, 2021
Trade date
Jul 1, 2021
Filing delay
5 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions and 3 derivative transactions. Open-market sales total $4.84M. It was filed 5 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Butterfield StewartCIK 0001775610Director, Officer (Chief Executive Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 1, 2021Class A Common StockCConversionAcquired+228,801$0.00F1$01,202,471Direct
Jul 1, 2021Class A Common StockSSaleDisposed−109,290$44.26−$4,837,175.41,093,181Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 1, 2021Class B Common StockMOption exerciseDisposed−228,801$0.00F3$076,267Direct
Jul 1, 2021Class A Common StockMOption exerciseAcquired+228,801$0.00$038,584,666Direct
Jul 1, 2021Class A Common StockCConversionDisposed−228,801$0.00$038,355,865Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

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.

Referenced by the price of 1 transaction in Table I.

F3

Each RSU represents the right to receive one share of Class B Common Stock.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)