Asana, Inc. — Director's Dealing 2020

Sep 22, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Asana, Inc. (ASAN)
CIK: 0001477720
Period of Report: 2020-09-21

Reporting Person: Wan Tim M (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	368072	Direct
Class A Common Stock	153428	Indirect
Class A Common Stock	50000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$1.60	2027-05-02	Class A Common Stock (1145899)		Direct
Stock Option (right to buy)	$3.70	2029-04-28	Class A Common Stock (189660)		Direct

Footnotes

F1: Includes 159,000 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement. 1/16 of the RSUs vested on June 20, 2020, and 1/16 of the RSUs vest quarterly thereafter. Vested RSUs will settle into shares of Class A common stock on the earlier to occur of (i) the second anniversary of the vesting date of such vested RSUs and (ii) a change in control.

F2: The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.

F3: The shares are held of record by the Reporting Person's spouse.

F4: 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter. The original grant for 1,758,399 shares was exercised for an aggregate of 612,500 shares between October 23, 2017 and January 28, 2020.

F5: 1/24 of the shares subject to the option vest on March 1, 2021, and 1/24 of the shares vest monthly thereafter.