Vikas D. Mehta - 10 Sep 2021 Form 4 Insider Report for Anaplan, Inc.

Role: Chief Financial Officer
Signature: /s/ Gary Spiegel, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 10 Sep 2021
Net transactions value: -$425,179
Form type: 4
Filing time: 14 Sep 2021, 21:37:22 UTC
Previous filing: 22 Jul 2021
Next filing: 14 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLAN	Common Stock	Options Exercise		+21,911			21,911	10 Sep 2021	Direct	F1
transaction	PLAN	Common Stock	Sale	$425,179	-6,547	-30%	$64.94	15,364	14 Sep 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLAN	Restricted Stock Units	Options Exercise	$0	-21,911	-100%	$0.000000^*	0	10 Sep 2021	Common Stock	21,911		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest on September 10, 2021, provided that the Reporting Person remains in continuous service through such vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
F2	The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

Content

The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest on September 10, 2021, provided that the Reporting Person remains in continuous service through such vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.