Eleanor B. Lacey - Mar 1, 2022 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
GC, Corporate Secretary
Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Mar 1, 2022
Transactions value $
-$717,472
Form type
4
Date filed
3/3/2022, 03:45 PM
Previous filing
Feb 3, 2022
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $55.8K +13.9K +10.72% $4.02 143K Mar 1, 2022 Direct
transaction ASAN Class A Common Stock Sale -$503K -9.07K -6.33% $55.45 134K Mar 1, 2022 Direct F1, F2
transaction ASAN Class A Common Stock Sale -$270K -4.8K -3.58% $56.28 129K Mar 1, 2022 Direct F1, 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 Stock Option (right to buy) Options Exercise $0 -13.9K -8.92% $0.00 142K Mar 1, 2022 Class A Common Stock 13.9K $4.02 Direct F4
* 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 $54.84 to $55.71 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 $55.99 to $56.88 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 1/4 of the shares subject to the option vested on July 22, 2020, and 1/48 of the shares vest monthly thereafter.