| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ASAN | Class A Common Stock | Sale | -$111K | -5.75K | -2.43% | $19.31 | 231K | Dec 20, 2023 | Direct | F1, F2 |
| transaction | ASAN | Class A Common Stock | Sale | -$22.4K | -1.14K | -0.5% | $19.56 | 230K | Dec 20, 2023 | Direct | F3 |
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 | Includes 127 additional shares of Class A Common Stock acquired under the Asana, Inc. 2020 Employee Stock Purchase Plan on March 15, 2022. This transaction is exempt from Rule 16b-3(c). |
| F3 | This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted December 29, 2022. |