Eleanor B. Lacey - Sep 23, 2024 Form 4/A - Amendment Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Stock symbol
ASAN
Transactions as of
Sep 23, 2024
Transactions value $
-$58,662
Form type
4/A - Amendment
Date filed
9/25/2024, 07:22 PM
Date Of Original Report
Sep 24, 2024
Previous filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Sale -$58.7K -4.98K -1.33% $11.79 370K Sep 23, 2024 Direct F1, F2
* 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 On September 24, 2024, the Reporting Person filed a Form 4 which inadvertently omitted a footnote detailing the Reporting Person's Rule 10b5-1 trading plan under which these sales were made. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted December 22, 2023. All other information reported in the original Form 4 is correct.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.665 to $11.96 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.