Tim M. Wan - 25 Jul 2024 Form 4 Insider Report for Asana, Inc. (ASAN)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 Jul 2024, 18:09:07 UTC
Prior SEC filing
19 Jul 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 29 Jul 2024.

Key facts

  • This page summarizes Tim M. Wan's Form 4 filing for Asana, Inc. (ASAN).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 29 Jul 2024, 18:09.

Change

  • Previous filing in this sequence was filed on 19 Jul 2024.
  • Current net transaction value: -$135,500.

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

Options Exercise

Transaction value
$8,000
Shares
+5,000
Change %
+0.47%
Price
$1.60
Shares after
1,068,909
Date
25 Jul 2024
Ownership
Direct
Footnotes
F1
ASAN transaction

Class A Common Stock

Sale

Transaction value
$75,000
Shares
-5,000
Change %
-0.47%
Price
$15.00
Shares after
1,063,909
Date
25 Jul 2024
Ownership
Direct
Footnotes
F2
ASAN transaction

Class A Common Stock

Options Exercise

Transaction value
$8,000
Shares
+5,000
Change %
+0.47%
Price
$1.60
Shares after
1,068,909
Date
26 Jul 2024
Ownership
Direct
ASAN transaction

Class A Common Stock

Sale

Transaction value
$76,500
Shares
-5,000
Change %
-0.47%
Price
$15.30
Shares after
1,063,909
Date
26 Jul 2024
Ownership
Direct
Footnotes
F2
ASAN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
125,430
Date
25 Jul 2024
Ownership
See footnote
Footnotes
F1, F3
ASAN holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
25 Jul 2024
Ownership
See footnote
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASAN transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-0.7%
Price
$0.000000
Shares after
705,899
Date
25 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,000
Exercise price
$1.60
Footnotes
F5
ASAN transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-0.71%
Price
$0.000000
Shares after
700,899
Date
26 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,000
Exercise price
$1.60
Footnotes
F5
* 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 5 footnotes

Footnote F1

Reflects an exempt transfer of 13,625 shares from The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019 to the Reporting Person.

Footnote F2

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 20, 2023, as modified on December 26, 2023.

Footnote F3

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

Footnote F4

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

Footnote F5

1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.

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