Wan Tim M 4
4 · Asana, Inc. · Filed Dec 27, 2023
Insider Transaction Report
Form 4
Asana, Inc.ASAN
Wan Tim M
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-12-22$1.60/sh+5,000$8,000→ 768,993 total - Sale
Class A Common Stock
2023-12-22$19.27/sh−5,000$96,350→ 763,993 total - Exercise/Conversion
Stock Option (right to buy)
2023-12-22−5,000→ 740,899 totalExercise: $1.60Exp: 2027-05-02→ Class A Common Stock (5,000 underlying)
Holdings
- 139,055(indirect: See footnote)
Class A Common Stock
- 50,000(indirect: See footnote)
Class A Common Stock
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 20, 2023.
- [F2]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.115 to $19.39 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.
- [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.