Company: ASAN
Filing Date: 2025-06-25
Form Type: 8-K
Source: 0001477720-25-000132
Chunk: 3

Company: Asana, Inc.
Filing Date: 2025-06-25
Form: 8-K
Item: Item 5.02
Chunk 3
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. Rogers’ offer letter also provides that if his continuous service is terminated due to his death or disability, then (i) 100% of the unvested RSUs (or other time-based equity awards) held by him immediately prior to such termination will vest immediately on the termination date and (ii) the Company will provide him and/or his covered dependents, as applicable, continued health and medical insurance coverage for a period of 12 months following the termination date.

As a condition of Mr. Rogers’ employment with the Company, he has agreed to maintain the confidentiality of the Company’s confidential information and be bound by the Company’s standard form of Confidential Information and Invention Assignment Agreement.

The Company will also enter into its standard form of indemnification agreement with Mr. Rogers, the form of which was filed as Exhibit 10.1 to the Company’s Form 10-K for the fiscal year ended January 31, 2025.

The foregoing is a summary only and does not purport to be a complete description of all of the terms, provisions and agreements contained in Mr. Rogers’ offer letter, and is subject to and qualified in its entirety by reference to the complete text of the offer letter, a copy of which is filed as Exhibit 10.1 hereto.

There are no arrangements or understandings between Mr. Rogers and any other persons pursuant to which he was appointed as a director or an executive officer of the Company. There are no family relationships between Mr. Rogers and any other director or executive officer of the Company and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated by the SEC.

Retirement of Dustin Moskovitz as President and Chief Executive Officer upon the Appointment of His Successor

Mr. Dustin Moskovitz, the current President and Chief Executive Officer of the Company, will retire from his position as President and Chief Executive Officer in connection with the appointment of Mr. Rogers as the Chief Executive Officer of the Company, effective July 21, 2025. Mr. Moskovitz will transition on such date to a non-employee director and continue to serve on the Board as a Class I director and Chair of the Board. As a non-employee director, he will be eligible to receive compensation for his service as a director in accordance with the Company’s Non-Employee Director Compensation Policy.

Item 7.01 Regulation FD Disclosure.