Tim M. Wan - May 23, 2023 Form 4 Insider Report for Asana, Inc. (ASAN)

Role
Chief Financial Officer
Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/25/2023, 06:33 PM
Previous filing
Mar 27, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Award $0 +198K +32.83% $0.00 802K May 23, 2023 Direct F1
holding ASAN Class A Common Stock 146K May 23, 2023 See footnote F2
holding ASAN Class A Common Stock 50K May 23, 2023 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 and settle into shares of Class A Common Stock on June 20, 2023, and 1/16 of the RSUs vest and settle into shares of Class A Stock quarterly thereafter.
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.