Tim M. Wan - 10 Mar 2022 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Chief Financial Officer
Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
10 Mar 2022
Transactions value $
$0
Form type
4
Filing time
14 Mar 2022, 18:45:39
Previous filing
24 Feb 2022
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Award $0 +90.4K +17.89% $0.00 595K 10 Mar 2022 Direct F1
holding ASAN Class A Common Stock 153K 10 Mar 2022 See footnote F2
holding ASAN Class A Common Stock 50K 10 Mar 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 1/16 of the RSUs vest on June 20, 2022, and 1/16 of the RSUs vest quarterly thereafter. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) the second anniversary of the vesting date of such vested RSUs and (ii) a change in control.
F2 The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
F3 The shares are held of record by the Reporting Person's spouse.