Asana, Inc. — Director's Dealing 2023

Oct 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Asana, Inc. (ASAN)
CIK: 0001477720
Period of Report: 2023-10-25

Reporting Person: Wan Tim M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-25	Class A Common Stock	M	5000	$1.60	Acquired	784553	Direct
2023-10-25	Class A Common Stock	S	5000	$19.08	Disposed	779553	Direct
2023-10-26	Class A Common Stock	M	5000	$1.60	Acquired	784553	Direct
2023-10-26	Class A Common Stock	S	5000	$18.18	Disposed	779553	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-25	Stock Option (right to buy)	$1.60	M	5000	Disposed	2027-05-02	Class A Common Stock (5000)	Direct
2023-10-26	Stock Option (right to buy)	$1.60	M	5000	Disposed	2027-05-02	Class A Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	139055	Indirect
Class A Common Stock	50000	Indirect

Footnotes

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 $18.89 to $19.28 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 reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.75 to $18.44 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.

F4: The shares are held of record by The 2019 Tim Ming Wan Grantor Retained Annuity Trust Dated July 22, 2019.

F5: The shares are held of record by the Reporting Person's spouse.

F6: 1/4 of the shares subject to the option vested on January 17, 2018, and 1/48 of the shares vest monthly thereafter.