Matt Cohler - May 1, 2025 Form 4 Insider Report for Asana, Inc. (ASAN)

Role: Director
Signature: /s/ Katie Colendich, Attorney-in-Fact
Stock symbol: ASAN
Transactions as of: May 1, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/2/2025, 05:02 PM
Previous filing: Feb 5, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cohler Matt	Director	C/O BENCHMARK, 2965 WOODSIDE ROAD, WOODSIDE	/s/ Katie Colendich, Attorney-in-Fact	2025-05-02	0001572685

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASAN	Class A Common Stock	Award	$0	+522	+1.8%	$0.00	29.6K	May 1, 2025	Direct	F1
holding	ASAN	Class A Common Stock						237K	May 1, 2025	See footnote	F2, F3
holding	ASAN	Class A Common Stock						284K	May 1, 2025	See footnote	F4
holding	ASAN	Class A Common Stock						14.6K	May 1, 2025	Direct	F5
holding	ASAN	Class A Common Stock						9.68K	May 1, 2025	Direct	F6

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

Explanation of Responses:

Id	Content
F1	These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Non-Employee Director Compensation Policy for the quarter ended April 30, 2025. The number of shares of Class A Common Stock received in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on April 30, 2025.
F2	Reflects an exempt transfer of 236,921 shares held by Matthew Cohler's family trust to Matthew Cohler's second irrevocable trust entity.
F3	Shares held by Matthew Cohler's second irrevocable trust entity.
F4	Shares held by Matthew Cohler's irrevocable trust entity.
F5	Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of June 17, 2025 or the day of the next annual meeting of the stockholders, subject to the Reporting Person's continuous service through such date. Pursuant to the Issuer's Directors' Deferred Compensation Plan, the Reporting Person elected to defer the receipt of such RSUs to a future date in accordance with the terms of such plan and the Reporting Person's plan election.
F6	Each share is represented by a Restricted Stock Unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs vested on June 12, 2023. Vested RSUs will settle into shares of Class A Common Stock on the earlier to occur of (i) June 12, 2025 and (ii) a change in control.