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
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 20, 2023.
- 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.
- 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.
- The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.
- The shares are held of record by the Reporting Person's spouse.
- 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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