Tim M. Wan - 20 Mar 2024 Form 4 Insider Report for Asana, Inc. (ASAN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Mar 2024, 16:30:39 UTC
Prior SEC filing
27 Dec 2023
Next SEC filing
26 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Katie Colendich, Attorney-in-Fact

Key filing fact

Tim M. Wan filed Form 4 for Asana, Inc. (ASAN) on 22 Mar 2024.

Key facts

  • This page summarizes Tim M. Wan's Form 4 filing for Asana, Inc. (ASAN).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Mar 2024, 16:30.

Change

  • Previous filing in this sequence was filed on 27 Dec 2023.
  • Current net transaction value: -$155,395.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASAN transaction

Class A Common Stock

Sale

Transaction value
$155,395
Shares
-10,105
Change %
-1.3%
Price
$15.38
Shares after
753,888
Date
20 Mar 2024
Ownership
Direct
Footnotes
F1
ASAN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
139,055
Date
20 Mar 2024
Ownership
See footnote
Footnotes
F2
ASAN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
20 Mar 2024
Ownership
See footnote
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote 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).

Footnote F2

The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.

Footnote F3

The shares are held of record by the Reporting Person's spouse.

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