Tim M. Wan - 14 Dec 2023 Form 4 Insider Report for Asana, Inc. (ASAN)

Signature
/s/ Katie Colendich, Attorney-in-Fact
Issuer symbol
ASAN
Transactions as of
14 Dec 2023
Transactions value $
-$283,950
Form type
4
Filing time
18 Dec 2023, 16:30:45 UTC
Previous filing
27 Oct 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAN Class A Common Stock Options Exercise $24K +15K +1.92% $1.60 795K 14 Dec 2023 Direct
transaction ASAN Class A Common Stock Sale -$308K -15K -1.89% $20.53 780K 14 Dec 2023 Direct F1
transaction ASAN Class A Common Stock Gift $0 -1.03K -0.13% $0.00 779K 14 Dec 2023 Direct F2
holding ASAN Class A Common Stock 139K 14 Dec 2023 See footnote F3
holding ASAN Class A Common Stock 50K 14 Dec 2023 See footnote F4

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 Stock Option (right to buy) Options Exercise $0 -15K -1.96% $0.00 751K 14 Dec 2023 Class A Common Stock 15K $1.60 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.52 to $20.542 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.
F2 This transaction was a charitable gift of securities by the Reporting Person.
F3 The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
F4 The shares are held of record by the Reporting Person's spouse.
F5 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.