Filing Details

Accession Number:
0001628280-19-008306
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-24 21:48:29
Reporting Period:
2019-06-20
Accepted Time:
2019-06-24 21:48:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1764925 Slack Technologies Inc. WORK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1160077 L Marc Andreessen 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1166586 A Benjamin Horowitz 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1466219 Ah Equity Partners I, L.l.c. 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1466249 Andreessen Horowitz Fund I, L.p. 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1466267 Andreessen Horowitz Fund I-B, L.p. 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1466268 Andreessen Horowitz Fund I-A, L.p. 2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2019-06-20 2,625,000 $38.61 3,816,419 No 4 S Indirect By: AH Parallel Fund IV, L.P.
Class A Common Stock Disposition 2019-06-20 375,000 $39.00 9,814,412 No 4 S Indirect By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock Acquisiton 2019-06-20 3,866,994 $0.00 7,683,413 No 4 C Indirect By: AH Parallel Fund IV, L.P.
Class A Common Stock Acquisiton 2019-06-20 12,003,090 $0.00 21,817,502 No 4 C Indirect By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock Disposition 2019-06-20 3,866,994 $0.00 3,816,419 No 4 J Indirect By: AH Parallel Fund IV, L.P.
Class A Common Stock Disposition 2019-06-20 12,003,090 $0.00 9,814,412 No 4 J Indirect By: Andreessen Horowitz Fund I, L.P.
Class A Common Stock Acquisiton 2019-06-20 1,693,391 $0.00 1,693,391 No 4 J Indirect By Trust
Class A Common Stock Acquisiton 2019-06-20 1,966,679 $0.00 1,966,679 No 4 J Indirect By Trust
Class A Common Stock Acquisiton 2019-06-20 4,464 $0.00 1,971,143 No 4 J Indirect By Trust
Class A Common Stock Acquisiton 2019-06-20 60,536 $0.00 60,536 No 4 J Indirect By AH Capital Management, L.L.C.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By: AH Parallel Fund IV, L.P.
No 4 S Indirect By: Andreessen Horowitz Fund I, L.P.
No 4 C Indirect By: AH Parallel Fund IV, L.P.
No 4 C Indirect By: Andreessen Horowitz Fund I, L.P.
No 4 J Indirect By: AH Parallel Fund IV, L.P.
No 4 J Indirect By: Andreessen Horowitz Fund I, L.P.
No 4 J Indirect By Trust
No 4 J Indirect By Trust
No 4 J Indirect By Trust
No 4 J Indirect By AH Capital Management, L.L.C.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2019-06-20 3,866,994 $0.00 3,866,994 $0.00
Class A Common Stock Class B Common Stock Disposition 2019-06-20 12,003,090 $0.00 12,003,090 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,784,561 No 4 C Indirect
26,194,858 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 42,990 42,990 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
42,990 42,990 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.50 to $39.08. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. These shares are held of record by AH Parallel Fund IV, L.P., for itself and as nominee for AH Parallel Fund IV-A, L.P., AH Parallel Fund IV-B, L.P., and AH Parallel Fund IV-Q, L.P. (collectively the "AH Parallel Fund IV Entities"). AH Equity Partners IV (Parallel), L.L.C. ("AH EP IV Parallel"), the general partner of the AH Parallel Fund IV Entities, has sole voting and dispositive power with regard to the shares held by the AH Parallel Fund IV Entities. The managing members of AH EP IV Parallel are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Parallel Fund IV Entities.
  3. (Continued from Footnote 2) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund IV Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in the AH Parallel Fund IV Entities.
  4. These shares are held of record by Andreessen Horowitz Fund I, L.P., as nominee for Andreessen Horowitz Fund I, L.P., Andreessen Horowitz Fund I-A, L.P. and Andreessen Horowitz Fund I-B, L.P. (collectively, the "AH Fund I Entities"). AH Equity Partners I, L.L.C. ("AH EP I"), the general partner of the AH Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH Fund I Entities. The managing members of AH EP I are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Fund I Entities.
  5. (Continued from Footnote 4) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund I Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in the AH Fund I Entities.
  6. 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.
  7. On June 20, 2019, the AH Parallel Fund IV Entities distributed, for no consideration, 3,866,994 shares of Class A Common Stock of the Issuer (the "Fund IV Shares") to their limited partners and to AH EP IV Parallel, the general partner of the AH Parallel Fund IV Entities, representing each such partner's pro rata interest in such Fund IV Shares. On the same date, AH EP IV Parallel distributed, for no consideration, the Fund IV Shares it received in the distribution by the AH Parallel Fund IV Entities to its members, representing each such member's pro rata interest in such Fund IV Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  8. On June 20, 2019, the AH Fund I Entities distributed, for no consideration, 12,003,090 shares of Class A Common Stock of the Issuer (the "Fund I Shares") to their limited partners and to AH EP I, the general partner of the AH Fund I Entities, representing each such partner's pro rata interest in such Fund I Shares. On the same date, AH EP I distributed, for no consideration, the Fund I Shares it received in the distribution by the AH Fund I Entities to its members, representing each such member's pro rata interest in such Fund I Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  9. Represents shares received by Ben Horowitz pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partners' members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  10. The shares are held of record by a family trust for which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  11. Represents shares received by the LAMA Community Trust pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partner's members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  12. The shares are held of record by the LAMA Community Trust of which Marc Andreessen and his spouse are trustees. Each of the Reporting Persons disclaims the existence of a "group" and, other than Marc Andreessen, disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  13. Represents shares received by the LAMA Community Trust pursuant to a pro rata distribution by SV Angel II, L.P., for no consideration, of shares of Class A Common Stock of the Issuer to its partners. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  14. Represents shares received by AH Capital Management, L.L.C. pursuant to pro rata distributions by the AH Parallel Fund IV Entities and the AH Fund I Entities, for no consideration, of shares of Class A Common Stock of the Issuer to their respective partners and such partners' members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
  15. The shares are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and investment power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
  16. These shares are held of record by a16z Seed III, LLC ("a16z Seed"). The shares held directly by a16z Seed are indirectly held by Andreessen Horowitz Fund III, L.P., Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"), the members of a16z Seed. AH Equity Partners III, L.L.C. ("AH EP III"), the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the shares held by a16z Seed. The managing members of AH EP III are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by a16z Seed.
  17. (Continued from Footnote 15) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Seed (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of its pecuniary interest, if any, in the securities by virtue of its interest in a16z Seed.