Eleanor B. Lacey - 01 Oct 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
01 Oct 2021
Net transactions value
-$1,684,864
Form type
4
Filing time
05 Oct 2021, 18:38:36 UTC
Previous filing
03 Sep 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 Options Exercise $70,270 +17,480 +14% $4.02 146,839 01 Oct 2021 Direct
transaction ASAN Class A Common Stock Sale $119,118 -1,202 -0.82% $99.10 145,637 01 Oct 2021 Direct F1, F2
transaction ASAN Class A Common Stock Sale $1,320,092 -13,193 -9.1% $100.06 132,444 01 Oct 2021 Direct F1, F3
transaction ASAN Class A Common Stock Sale $120,768 -1,200 -0.91% $100.64 131,244 01 Oct 2021 Direct F1, F4
transaction ASAN Class A Common Stock Sale $51,240 -500 -0.38% $102.48 130,744 01 Oct 2021 Direct F1, F5
transaction ASAN Class A Common Stock Sale $41,328 -400 -0.31% $103.32 130,344 01 Oct 2021 Direct F1, F6
transaction ASAN Class A Common Stock Sale $102,588 -985 -0.76% $104.15 129,359 01 Oct 2021 Direct F1, F7

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 -17,480 -7.2% $0.000000 225,460 01 Oct 2021 Class A Common Stock 17,480 $4.02 Direct F8
* 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 $98.365 to $99.32 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 $99.45 to $100.40 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.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $100.45 to $100.98 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.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $102.13 to $103.10 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 $103.13 to $103.51 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 $104.13 to $104.30 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 1/4 of the shares subject to the option vested on July 22, 2020, and 1/48 of the shares vest monthly thereafter.