Asana, Inc. (ASAN) CEO Moskovitz Buys ~$20M in Stock
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Asana, Inc. (NYSE: ASAN) President/CEO/Chairman, Dustin Moskovitz, bought 500,000 shares from 06/07-06/08 at prices from $37.39-$39.94.
The purchases were effected pursuant to a Rule 10b5-1 trading plan.
The value of the purchases was nearly $20 million.
Moskovitz bought the shares directly, bringing his direct stake to 1,300,000 shares. He also owns 4,147,046 shares indireclty.
|FORM 4||UNITED STATES SECURITIES AND EXCHANGE COMMISSION|
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
|Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).|
|1. Name and Address of Reporting Person *|
|2. Issuer Name and Ticker or Trading Symbol|
Asana, Inc. [ ASAN ]
|5. Relationship of Reporting Person(s) to Issuer|
(Check all applicable)
|3. Date of Earliest Transaction (Month/Day/Year)|
|4. If Amendment, Date of Original Filed (Month/Day/Year)||6. Individual or Joint/Group Filing (Check Applicable Line)|
|Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned|
|1. Title of Security (Instr. 3)||2. Transaction Date (Month/Day/Year)||2A. Deemed Execution Date, if any (Month/Day/Year)||3. Transaction Code (Instr. 8)||4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)||5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)||6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)||7. Nature of Indirect Beneficial Ownership (Instr. 4)|
|Code||V||Amount||(A) or (D)||Price|
|Class A Common Stock||06/07/2021||P (1)||36,561||A||$ 37.39 (2)||836,561||D|
|Class A Common Stock||06/07/2021||P (1)||27,012||A||$ 38.75 (3)||863,573||D|
|Class A Common Stock||06/07/2021||P (1)||71,167||A||$ 39.63 (4)||934,740||D|
|Class A Common Stock||06/07/2021||P (1)||115,260||A||$ 40.68 (5)||1,050,000||D|
|Class A Common Stock||06/08/2021||P (1)||54,937||A||$ 38.46 (6)||1,104,937||D|
|Class A Common Stock||06/08/2021||P (1)||165,926||A||$ 39.44 (7)||1,270,863||D|
|Class A Common Stock||06/08/2021||P (1)||29,137||A||$ 39.94 (8)||1,300,000||D|
|Class A Common Stock||4,147,046||I||See footnote (9)|
|Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned|
(e.g., puts, calls, warrants, options, convertible securities)
|1. Title of Derivative Security (Instr. 3)||2. Conversion or Exercise Price of Derivative Security||3. Transaction Date (Month/Day/Year)||3A. Deemed Execution Date, if any (Month/Day/Year)||4. Transaction Code (Instr. 8)||5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)||6. Date Exercisable and Expiration Date (Month/Day/Year)||7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)||8. Price of Derivative Security (Instr. 5)||9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)||10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)||11. Nature of Indirect Beneficial Ownership (Instr. 4)|
|Code||V||(A)||(D)||Date Exercisable||Expiration Date||Title||Amount or Number of Shares|
|/s/ Katie Colendich, Attorney-in-Fact||06/09/2021|
|** Signature of Reporting Person||Date|
|Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.|
|* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).|
|** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).|
|Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.|
|Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.|
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