Company: ASAN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001477720-25-000081
Chunk: 60

Company: Asana, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 60
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 NEOs as a result of the option exercises. Amounts are rounded to the nearest whole dollar.

(2) Amounts below were calculated by: (a) multiplying the number of shares acquired on a given vesting date by the closing price of our Class A common stock on the day immediately prior to such vesting date (consistent with our RSU tax withholding policy, as adopted August 22, 2023), and (b) aggregating the value realized upon vesting for all shares or shares underlying RSUs that vested during fiscal year 2025 With respect to vesting of shares underlying RSUs, the value realized on vesting does not reflect the actual value received by each NEO because a portion of the shares will be withheld at settlement by us to satisfy the NEO’s tax withholding obligations. Amounts are rounded to the nearest whole dollar.

(3) Represents vesting of (a) 49,443 shares underlying RSUs, which are currently subject to a holding period and will not be issued or delivered to Mr. Wan (and are, therefore, not available for sale by Mr. Wan) until the earlier to occur of (i) the second anniversary of the applicable vesting date or (ii) a “change in control event” within the meaning of Section 409A of the Code and (b) 77,813 shares underlying RSUs that are not subject to a holding period. The aggregate value of such shares, calculated in accordance with footnote 2 above, is $1,687,686.

(4) Represents vesting of (a) 24,025 shares underlying RSUs, which are currently subject to a holding period and will not be issued or delivered to Ms. Lacey (and are, therefore, not available for sale by Ms. Lacey) until the earlier to occur of (i) the second anniversary of the applicable vesting date or (ii) a “change in control event” within the meaning of Section 409A of the Code and (b) 53,589 shares underlying RSUs that are not subject to a holding period. The aggregate value of such shares, calculated in accordance with footnote 2 above, is $1,214,011.

(5) Represents vesting of (a) 41,574 shares of our Class A common stock underlying RSUs, which are currently subject to a holding period and will not be issued or delivered to Ms. Raimondi (and are, therefore, not available for sale by Ms. Raim