Matt Cohler - 02 Aug 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Director
Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
02 Aug 2021
Net transactions value
$0
Form type
4
Filing time
04 Aug 2021, 20:49:59 UTC
Previous filing
16 Jun 2021
Next filing
03 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Award $0 +144 +22% $0.000000 800 02 Aug 2021 Direct F1
holding ASAN Class A Common Stock 3,782 02 Aug 2021 Direct F2
holding ASAN Class A Common Stock 10,755 02 Aug 2021 Direct F3
holding ASAN Class A Common Stock 520,929 02 Aug 2021 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended July 31, 2021. The number of shares of Class A Common Stock received in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on July 30, 2021.
F2 Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of June 14, 2022 or the day of the next annual meeting of the stockholders, subject to the Reporting Person's continuous service through such date. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) June 14, 2024 and (ii) a change in control.
F3 Each share is represented by an RSU. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on September 18, 2021. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) September 18, 2023 and (ii) a change in control.
F4 Shares owned directly by Matthew Cohler's trust entity.