Sec Form 4 Filing - Zell Brandon @ Slack Technologies, Inc. - 2019-10-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Zell Brandon
2. Issuer Name and Ticker or Trading Symbol
Slack Technologies, Inc. [ WORK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last) (First) (Middle)
C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET
3. Date of Earliest Transaction (MM/DD/YY)
10/01/2019
(Street)
SAN FRANCISCO,, CA94105
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/01/2019 C 4,376 A $ 0 ( 1 ) 188,969 D
Class A Common Stock 10/01/2019 S( 2 ) 2,243 D $ 22.98 186,726 D
Class A Common Stock 10/01/2019 S( 2 ) 367 D $ 22.98 186,359 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) 10/01/2019 M 1,563 ( 4 ) 05/10/2024 Class B Common Stock ( 1 ) 1,563 $ 0 ( 3 ) 9,375 D
Class B Common Stock ( 1 ) 10/01/2019 M 1,563 ( 1 ) ( 1 ) Class A Common Stock 1,563 $ 0 ( 1 ) 1,563 D
Restricted Stock Units ( 3 ) 10/01/2019 M 1,563 ( 5 ) 06/20/2025 Class B Common Stock ( 1 ) 1,563 $ 0 ( 3 ) 15,625 D
Class B Common Stock ( 1 ) 10/01/2019 M 1,563 ( 1 ) ( 1 ) Class A Common Stock 1,563 $ 0 ( 1 ) 3,126 D
Restricted Stock Units ( 3 ) 10/01/2019 M 1,250 ( 6 ) 04/03/2026 Class B Common Stock ( 1 ) 1,250 $ 0 ( 3 ) 17,500 D
Class B Common Stock ( 1 ) 10/01/2019 M 1,250 ( 1 ) ( 1 ) Class A Common Stock 1,250 $ 0 ( 1 ) 4,376 D
Class B Common Stock ( 1 ) 10/01/2019 C 4,376 ( 1 ) ( 1 ) Class A Common Stock 4,376 $ 0 ( 1 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Zell Brandon
C/O SLACK TECHNOLOGIES, INC.
500 HOWARD STREET
SAN FRANCISCO,, CA94105
Chief Accounting Officer
Signatures
/s/ David Schellhase, as Attorney-in-Fact 10/03/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
( 3 )Each RSU represents the right to receive one share of Class B Common Stock.
( 4 )The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on July 1, 2017, 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.
( 5 )The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on July 1, 2018, 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.
( 6 )The RSUs are subject to time-based and performance-based vesting criteria. The time-based vesting occurs in 16 quarterly installments commencing on July 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.

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