Tim M. Wan - 23 May 2023 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
23 May 2023
Transactions value $
$0
Form type
4
Filing time
25 May 2023, 18:33:20
Previous filing
27 Mar 2023
Next filing
20 Jun 2023
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 +198K +32.83% $0.00 802K 23 May 2023 Direct F1
holding ASAN Class A Common Stock 146K 23 May 2023 See footnote F2
holding ASAN Class A Common Stock 50K 23 May 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.