William Schuh - Dec 10, 2021 Form 4 Insider Report for Anaplan, Inc. (PLAN)

Role: Chief Revenue Officer
Signature: /s/ Gary Spiegel, Attorney-in-Fact
Stock symbol: PLAN
Transactions as of: Dec 10, 2021
Transactions value $: -$123,546
Form type: 4
Date filed: 12/14/2021, 08:15 PM
Previous filing: Sep 15, 2021
Next filing: Mar 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLAN	Common Stock	Options Exercise		+5.43K	+54.69%		15.4K	Dec 10, 2021	Direct	F1
transaction	PLAN	Common Stock	Sale	-$124K	-2.73K	-17.77%	$45.26	12.6K	Dec 13, 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	-5.43K	-10%	$0.00	48.9K	Dec 10, 2021	Common Stock	5.43K		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 RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over 3 years with 8/36ths of the RSUs vesting on September 10, 2021, and the remainder vesting in equal quarterly installments thereafter, provided that the Reporting Person remains in continuous service on each 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 RSUs which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over 3 years with 8/36ths of the RSUs vesting on September 10, 2021, and the remainder vesting in equal quarterly installments thereafter, provided that the Reporting Person remains in continuous service on each 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.