Eleanor B. Lacey - 03 Jan 2022 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
03 Jan 2022
Net transactions value
-$1,193,173
Form type
4
Filing time
05 Jan 2022, 16:10:21 UTC
Previous filing
03 Dec 2021
Next filing
03 Feb 2022

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 03 Jan 2022 Direct
transaction ASAN Class A Common Stock Sale $232,353 -3,300 -2.2% $70.41 143,539 03 Jan 2022 Direct F1, F2
transaction ASAN Class A Common Stock Sale $492,017 -6,891 -4.8% $71.40 136,648 03 Jan 2022 Direct F1, F3
transaction ASAN Class A Common Stock Sale $233,536 -3,200 -2.3% $72.98 133,448 03 Jan 2022 Direct F1, F4
transaction ASAN Class A Common Stock Sale $88,800 -1,200 -0.9% $74.00 132,248 03 Jan 2022 Direct F1, F5
transaction ASAN Class A Common Stock Sale $186,252 -2,489 -1.9% $74.83 129,759 03 Jan 2022 Direct F1, F6
transaction ASAN Class A Common Stock Sale $30,484 -400 -0.31% $76.21 129,359 03 Jan 2022 Direct F1

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 -9.2% $0.000000 173,020 03 Jan 2022 Class A Common Stock 17,480 $4.02 Direct F7
* 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 $70.00 to $70.91 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 $71.01 to $72.00 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.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.38 to $73.35 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 $73.49 to $74.47 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 $74.50 to $75.36 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 1/4 of the shares subject to the option vested on July 22, 2020, and 1/48 of the shares vest monthly thereafter.