Eleanor B. Lacey - 07 Jun 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
07 Jun 2021
Net transactions value
-$720,907
Form type
4
Filing time
09 Jun 2021, 17:18:30 UTC
Next filing
11 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $80,400 +20,000 +15% $4.02 149,359 07 Jun 2021 Direct
transaction ASAN Class A Common Stock Sale $107,625 -2,813 -1.9% $38.26 146,546 07 Jun 2021 Direct F1, F2
transaction ASAN Class A Common Stock Sale $194,187 -4,900 -3.3% $39.63 141,646 07 Jun 2021 Direct F1, F3
transaction ASAN Class A Common Stock Sale $446,182 -10,987 -7.8% $40.61 130,659 07 Jun 2021 Direct F1, F4
transaction ASAN Class A Common Stock Sale $53,313 -1,300 -0.99% $41.01 129,359 07 Jun 2021 Direct F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASAN Stock Option (right to buy) Options Exercise $0 -20,000 -5.8% $0.000000 323,500 07 Jun 2021 Class A Common Stock 20,000 $4.02 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.95 per share. The Reporting Person undertakes 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.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.00 to $39.98 per share. The Reporting Person undertakes 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.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.99 per share. The Reporting Person undertakes 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.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.04 per share. The Reporting Person undertakes 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.
F6 1/4 of the shares subject to the option vested on July 22, 2020, and 1/48 of the shares vest monthly thereafter.