Justin Rosenstein - 22 Dec 2021 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
22 Dec 2021
Transactions value $
$0
Form type
4
Filing time
27 Dec 2021, 19:00:11 UTC
Previous filing
03 Nov 2021
Next filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Conversion of derivative security $0 +3M +241.07% $0.00 4.24M 22 Dec 2021 Direct F1
transaction ASAN Class A Common Stock Gift $0 -376K -8.85% $0.00 3.87M 22 Dec 2021 Direct F2
transaction ASAN Class A Common Stock Gift $0 -250K -6.46% $0.00 3.62M 22 Dec 2021 Direct F3

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 ASAN Class B Common Stock Conversion of derivative security $0 -3M -15.17% $0.00 16.8M 22 Dec 2021 Class A Common Stock 3M Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person
F2 Represents shares of Class A Common Stock that the Reporting Person donated as a gift to OneProject.org. The Reporting Person is an officer and director of OneProject.org. The Reporting Person does not have any pecuniary interest in any shares held by OneProject.org.
F3 Represents shares of Class A Common Stock that the Reporting Person donated as a gift to Fidelity Charitable. The Reporting Person does not exercise voting or investment control, directly or indirectly, over Fidelity Charitable or any of its affiliates, or over the donated shares following this transfer. The Reporting Person does not have any pecuniary interest in any shares held by Fidelity Charitable.
F4 Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the option of the holder and has no expiration date.