Lorrie M. Norrington - Jan 29, 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Director
Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Jan 29, 2021
Transactions value $
$129,383
Form type
4
Date filed
8/10/2022, 09:16 PM
Previous filing
Aug 19, 2024
Next filing
May 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Award $11.8K +335 +0.44% $35.37 77.2K Jan 29, 2021 Direct F1, F2, F3
transaction ASAN Class A Common Stock Award $11.9K +357 +0.43% $33.32 83.7K Apr 30, 2021 Direct F3, F4, F5
transaction ASAN Class A Common Stock Award $0 +3.78K +4.52% $0.00 87.5K Jun 14, 2021 Direct F3, F6
transaction ASAN Class A Common Stock Award $11.9K +167 +0.19% $71.06 87.7K Jul 30, 2021 Direct F3, F7
transaction ASAN Class A Common Stock Award $15.5K +114 +0.13% $135.80 87.8K Oct 29, 2021 Direct F3, F8
transaction ASAN Class A Common Stock Award $17.1K +326 +0.36% $52.48 91.8K Jan 31, 2022 Direct F3, F9, F10
transaction ASAN Class A Common Stock Award $35.6K +1.33K +1.44% $26.80 93.2K Apr 29, 2022 Direct F3, F11
transaction ASAN Class A Common Stock Award $0 +9.68K +10.39% $0.00 103K Jun 13, 2022 Direct F3, F12
transaction ASAN Class A Common Stock Award $25.6K +1.33K +1.29% $19.32 104K Jul 29, 2022 Direct F3, F13
holding ASAN Class A Common Stock 2.3K Jan 29, 2021 See footnote F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended January 31, 2021. The shares were calculated based on the closing price of a share of Class A Common Stock on January 29, 2021. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F2 Includes (i) 6,968 shares of Class A Common Stock previously acquired by the Reporting Person on September 30, 2020 and (ii) 9,111 shares of Class A Common Stock previously acquired by the Reporting person on December 10, 2020, all as previously reported on the Form 4 filed by the Reporting Person on April 21, 2021.
F3 Reflects securities beneficially owned following the reported transaction as of the applicable transaction date.
F4 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended April 30, 2021. The shares were calculated based on the closing price of a share of Class A Common Stock on April 30, 2021. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F5 Includes 6,200 shares of Class A Common Stock previously acquired by the Reporting Person on March 12, 2021 and previously reported on the Form 4 filed by the Reporting Person on March 16, 2021.
F6 Represents Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs vested on June 13, 2022. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) June 14, 2024 and (ii) a change in control. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such RSUs to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F7 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended July 31, 2021. The shares were calculated based on the closing price of a share of Class A Common Stock on July 30, 2021. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F8 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended October 31, 2021. The shares were calculated based on the closing price of a share of Class A Common Stock on October 29, 2021. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F9 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended January 31, 2022. The shares were calculated based on the closing price of a share of Class A Common Stock on January 31, 2022. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F10 Includes 3,733 shares of Class A Common Stock acquired by the Reporting Person on December 6, 2021 and previously reported on the Form 4 filed by the Reporting Person on December 8, 2021.
F11 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended April 30, 2022. The shares were calculated based on the closing price of a share of Class A Common Stock on April 29, 2022. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F12 Represents Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of June 13, 2023 or the day of the next annual meeting of the stockholders, subject to the Reporting Person's continuous service through such date. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) the second anniversary of the date the RSUs vest and (ii) a change in control. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such RSUs to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F13 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended July 31, 2022. The shares were calculated based on the closing price of a share of Class A Common Stock on July 29, 2022. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such shares to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F14 The shares are held of record by Norrington Advisory Services, LLC.