Anne Raimondi - Dec 20, 2023 Form 4 Insider Report for Asana, Inc. (ASAN)

Role: Chief Operating Officer
Signature: /s/ Katie Colendich, Attorney-in-Fact
Stock symbol: ASAN
Transactions as of: Dec 20, 2023
Transactions value $: -$329,122
Form type: 4
Date filed: 12/22/2023, 04:34 PM
Previous filing: Sep 22, 2023
Next filing: Mar 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASAN	Class A Common Stock	Sale	-$329K	-17K	-3.28%	$19.31	503K	Dec 20, 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).