| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ASAN | Class A Common Stock | Sale | -$68.1K | -3.88K | -1.61% | $17.54 | 238K | Sep 20, 2023 | Direct | F1 |
| transaction | ASAN | Class A Common Stock | Sale | -$19.5K | -1.14K | -0.48% | $17.04 | 236K | Sep 21, 2023 | Direct | F2 |
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).
| Id | Content |
|---|---|
| F1 | This 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). |
| F2 | This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted December 29, 2022. |