Company: ASAN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001477720-25-000081
Chunk: 58

Company: Asana, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 58
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                             2,378,791 |                             |     |            |
| 5/23/2024(10)    |     |                |     | — |                                   |     |           — |     | —             | — |     |                |            |     | 264,268 |              |     |                             5,639,479 |                             |     |            |

(1) All option and RSU awards listed in this table were granted pursuant to either our Amended and Restated 2012 Stock Plan or our 2020 Equity Incentive Plan and are subject to acceleration of vesting as described in the "Employment, Severance and Change in Control Arrangements" section below.

(2) All of the outstanding stock options were immediately exercisable as of the date of grant, with any unvested shares acquired on exercise subject to a right of repurchase in favor of us at the original exercise price and which lapses in accordance with the vesting schedule of the related option. Accordingly, the columns and footnotes below reflect the extent to which stock options held by our named executive officers were vested and exercisable as of January 31, 2025.

(3) The amounts represent the number of unvested restricted stock units multiplied by $21.34, which was the closing market price of our Class A common stock on January 31, 2025, the last trading day of fiscal year 2025. These amounts do not reflect the actual economic value that may be realized by our named executive officers upon the vesting or settlement of the equity awards.

(4) Subject to Ms. Parekh’s continuous service with us through each applicable vesting date, 35% of the shares subject to the RSU award will vest on September 20, 2025, 7.5% of the shares subject to the RSU award will vest in four equal quarterly installments beginning on December 20, 2025, 5% of the shares subject to the RSU award will vest in four equal quarterly installments beginning on December 20, 2026, and 3.75% of the subject to the RSU award will vest in four equal quarterly installments beginning on December 20, 2027.

(5) The shares subject to the option vest in 24 equal monthly installments measured from February 1, 2021, subject to Mr. Wan’s continuous service with us through each applicable vesting date.

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