Anne Raimondi - Jun 21, 2023 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Jun 21, 2023
Transactions value $
-$183,531
Form type
4
Date filed
6/23/2023, 04:59 PM
Previous filing
May 25, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Sale -$184K -8.01K -1.41% $22.93 559K Jun 21, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to the Issuer's policy requiring sell-to-cover to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs).