Tim M. Wan - Sep 21, 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Chief Financial Officer
Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Sep 21, 2021
Transactions value $
-$2,321,798
Form type
4
Date filed
9/23/2021, 06:17 PM
Previous filing
Aug 25, 2021
Next filing
Oct 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $32K +20K +4.18% $1.60* 498K Sep 21, 2021 Direct
transaction ASAN Class A Common Stock Sale -$619K -5.35K -1.07% $115.71* 493K Sep 21, 2021 Direct F1, F2
transaction ASAN Class A Common Stock Sale -$576K -4.94K -1% $116.50* 488K Sep 21, 2021 Direct F1, F3
transaction ASAN Class A Common Stock Sale -$204K -1.73K -0.35% $117.94* 486K Sep 21, 2021 Direct F1, F4
transaction ASAN Class A Common Stock Sale -$500K -4.2K -0.86% $118.93* 482K Sep 21, 2021 Direct F1, F5
transaction ASAN Class A Common Stock Sale -$168K -1.4K -0.29% $119.82* 480K Sep 21, 2021 Direct F1, F6
transaction ASAN Class A Common Stock Sale -$288K -2.38K -0.5% $120.98* 478K Sep 21, 2021 Direct F1, F7
holding ASAN Class A Common Stock 153K Sep 21, 2021 See footnote F8
holding ASAN Class A Common Stock 50K Sep 21, 2021 See footnote F9

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 -20K -2.07% $0.00 946K Sep 21, 2021 Class A Common Stock 20K $1.60 Direct F10
* 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 $115.17 to $116.15 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 $116.18 to $117.0875 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 $117.44 to $118.43 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 $118.44 to $119.40 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 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $119.50 to $120.27 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.
F7 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $120.58 to $121.00 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.
F8 The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
F9 The shares are held of record by the Reporting Person's spouse.
F10 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.