Sec Form 4 Filing - Friar Sarah @ Slack Technologies, Inc. - 2020-06-19

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
Friar Sarah
2. Issuer Name and Ticker or Trading Symbol
Slack Technologies, Inc. [ WORK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/19/2020
(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 06/19/2020 A 5,854 ( 1 ) A $ 0 5,854 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
Class B Common Stock ( 2 ) ( 2 ) ( 2 ) Class A Common Stock 159,677 159,677 ( 3 ) I By Sarah Friar 2019 Grantor Retained Annuity Trust dated February 1, 2019
Class B Common Stock ( 2 ) ( 2 ) ( 2 ) Class A Common Stock 246,340 246,340 ( 3 ) I By David Riley and Sarah Friar Revocable Trust dated August 11, 2006
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Friar Sarah
C/O SLACK TECHNOLOGIES, INC.
500 HOWARD STREET
SAN FRANCISCO, CA94105
X
Signatures
/s/ David Schellhase, as Attorney-in-Fact 06/23/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares represent restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs vest in full on the earlier of (i) June 19, 2021 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date.
( 2 )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.
( 3 )Reflects 17,955 shares of Class B common stock distributed by the Sarah Friar 2019 Grantor Retained Annuity Trust dated February 1, 2019 to the David Riley and Sarah Friar Revocable Trust dated August 11, 2006 on February 10, 2020, for no consideration, resulting in a change of form of beneficial ownership in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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