Justin Rosenstein - Dec 22, 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Dec 22, 2021
Transactions value $
$0
Form type
4
Date filed
12/27/2021, 07:00 PM
Previous filing
Nov 3, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Conversion of derivative security $0 +3M +241.07% $0.00 4.24M Dec 22, 2021 Direct F1
transaction ASAN Class A Common Stock Gift $0 -376K -8.85% $0.00 3.87M Dec 22, 2021 Direct F2
transaction ASAN Class A Common Stock Gift $0 -250K -6.46% $0.00 3.62M Dec 22, 2021 Direct F3

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 Class B Common Stock Conversion of derivative security $0 -3M -15.17% $0.00 16.8M Dec 22, 2021 Class A Common Stock 3M Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person
F2 Represents shares of Class A Common Stock that the Reporting Person donated as a gift to OneProject.org. The Reporting Person is an officer and director of OneProject.org. The Reporting Person does not have any pecuniary interest in any shares held by OneProject.org.
F3 Represents shares of Class A Common Stock that the Reporting Person donated as a gift to Fidelity Charitable. The Reporting Person does not exercise voting or investment control, directly or indirectly, over Fidelity Charitable or any of its affiliates, or over the donated shares following this transfer. The Reporting Person does not have any pecuniary interest in any shares held by Fidelity Charitable.
F4 Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the option of the holder and has no expiration date.