Eleanor B. Lacey - Apr 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
Apr 1, 2022
Transactions value $
-$303,114
Form type
4
Date filed
4/5/2022, 05:49 PM
Previous filing
Mar 18, 2022
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $33.5K +8.33K +5.05% $4.02 173K Apr 1, 2022 Direct
transaction ASAN Class A Common Stock Sale -$328K -8.13K -4.69% $40.38 165K Apr 1, 2022 Direct F1, F2
transaction ASAN Class A Common Stock Sale -$8.2K -200 -0.12% $41.01 165K Apr 1, 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 -8.33K -5.88% $0.00 133K Apr 1, 2022 Class A Common Stock 8.33K $4.02 Direct F3
* 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 $39.835 to $40.82 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 1/4 of the shares subject to the option vested on July 22, 2020, and 1/48 of the shares vest monthly thereafter.