SEC Form 4
FORM 4 | 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 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Slack Technologies, Inc. [ WORK ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 06/07/2019 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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 |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 | ||||||||
Series G Preferred Stock | (1) | 06/07/2019 | C | 2,743,706 | (1) | (1) | Class B Common Stock(2) | 2,743,706 | $0 | 0 | I | By Accel Leaders Fund L.P.(3) | |||
Series G Preferred Stock | (1) | 06/07/2019 | C | 131,091 | (1) | (1) | Class B Common Stock(2) | 131,091 | $0 | 0 | I | By Accel Leaders Fund Investors 2016 L.L.C.(4) | |||
Series H Preferred Stock | (1) | 06/07/2019 | C | 1,603,319 | (1) | (1) | Class B Common Stock(2) | 1,603,319 | $0 | 0 | I | By Accel Leaders Fund L.P.(3) | |||
Series H Preferred Stock | (1) | 06/07/2019 | C | 76,605 | (1) | (1) | Class B Common Stock(2) | 76,605 | $0 | 0 | I | By Accel Leaders Fund Investors 2016 L.L.C.(4) | |||
Class B Common Stock | (2) | 06/07/2019 | J(1) | 4,347,025 | (2) | (2) | Class A Common Stock | 4,347,025 | $0 | 4,347,025 | I | By Accel Leaders Fund L.P.(3) | |||
Class B Common Stock | (2) | 06/07/2019 | J(1) | 207,696 | (2) | (2) | Class A Common Stock | 207,696 | $0 | 207,696 | I | By Accel Leaders Fund Investors 2016 L.L.C.(4) |
Explanation of Responses: |
1. The Series G and Series H Preferred Stock are each convertible into Class B Common Stock on a 1:1 basis and have no expiration date. Upon the effectiveness of the Issuer's Registration Statement on Form S-1, all shares of preferred stock were converted, in an exempt transaction pursuant to Rule 16b-7, into shares of Class B Common Stock of the Issuer. |
2. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the Reporting Person and has no expiration date. |
3. These shares are held by Accel Leaders Fund L.P. Accel Leaders Fund Associates L.L.C. is the general partner of Accel Leaders Fund L.P. The managing members of Accel Leaders Fund Associates L.L.C. are Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan Sweeney, and Richard P. Wong. Accel Leaders Fund Associates L.L.C. has sole voting and dispositive power with regard to the shares held by the Accel Leaders Fund L.P, and its managing members share such powers. |
4. These shares are held by Accel Leaders Fund Investors 2016 L.L.C. The managing members of Accel Leaders Fund Investors 2016 L.L.C. are Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan Sweeney, and Richard P. Wong, all of whom share voting and dispositive power with regard to the shares held by Accel Leaders Fund Investors 2016 L.L.C. |
Remarks: |
This Form 4 is the third of three Form 4s filed relating to the same event. This Form 4 has been split into three filings because there are more than 30 reportable transactions. |
/s/ David Schellhase, as Attorney-in-Fact | 06/07/2019 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |