Filing Details

Accession Number:
0001209191-23-050870
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-29 17:13:07
Reporting Period:
2023-09-27
Accepted Time:
2023-09-29 17:13:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1477720 Asana Inc. ASAN Services-Prepackaged Software (7372) 263912448
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1546605 M Tim Wan C/O Asana, Inc.
633 Folsom Street, Suite 100
San Francisco CA 94107
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-09-27 5,000 $1.60 784,553 No 4 M Direct
Class A Common Stock Disposition 2023-09-27 5,000 $17.47 779,553 No 4 S Direct
Class A Common Stock Acquisiton 2023-09-28 5,000 $1.60 784,553 No 4 M Direct
Class A Common Stock Disposition 2023-09-28 5,000 $17.76 779,553 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to buy) Disposition 2023-09-27 5,000 $0.00 5,000 $1.60
Class A Common Stock Stock Option (right to buy) Disposition 2023-09-28 5,000 $0.00 5,000 $1.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
780,899 2027-05-02 No 4 M Direct
775,899 2027-05-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 139,055 Indirect See footnote
Class A Common Stock 50,000 Indirect See footnote
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 20, 2023.
  2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.27 to $17.55 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.
  3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.50 to $18.21 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.
  4. The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
  5. The shares are held of record by the Reporting Person's spouse.
  6. 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.