Asana (NYSE: ASAN) director awarded 22,378 RSUs, now holds 72,758 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lindsay Andrew reported acquisition or exercise transactions in this Form 4 filing.
Asana, Inc. director Lindsay Andrew received a grant of 22,378 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs vest 100% on the earlier of June 8, 2027 or the next annual stockholder meeting, subject to continuous service. Following this grant, Andrew directly holds 72,758 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lindsay Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,378 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 72,758 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 22,378 RSUs
Holdings after grant: 72,758 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSUs granted
22,378 RSUs
Grant of Restricted Stock Units to director on June 8, 2026
Holdings after grant
72,758 shares
Total Class A Common Stock directly held after transaction
Grant price
$0.00 per share
RSU award issued at no purchase price
Vesting date trigger
June 8, 2027
100% vesting on earlier of this date or next annual meeting
Key Terms
Restricted Stock Units (RSUs), Class A Common Stock, continuous service
3 terms
Restricted Stock Units (RSUs) financial
"Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continuous service financial
"100% of the RSUs will vest on the earlier of June 8, 2027 or the day of the next annual meeting... subject to the Reporting Person's continuous service."
FAQ
What insider transaction did Asana (ASAN) director Lindsay Andrew report?
Lindsay Andrew reported receiving a grant of 22,378 Restricted Stock Units (RSUs) of Asana Class A Common Stock. This grant is compensation-related, carries no purchase price, and increases his direct holdings to 72,758 Class A shares after the award.
What are the vesting terms of Lindsay Andrew’s Asana (ASAN) RSU grant?
The 22,378 RSUs vest 100% on the earlier of June 8, 2027 or the day of Asana’s next annual stockholder meeting. Vesting is conditioned on Lindsay Andrew’s continuous service with the company through that vesting date trigger.
Does Lindsay Andrew pay for the Asana (ASAN) RSUs received in this grant?
No, the RSUs were granted at a price of $0.00 per share, reflecting an equity compensation award rather than a purchase. Each vested RSU will settle into one share of Asana Class A Common Stock without additional exercise cost.
What does each RSU in Lindsay Andrew’s Asana (ASAN) grant represent?
Each RSU represents a contingent right to receive one share of Asana’s Class A Common Stock upon settlement. Delivery of the shares occurs only if the vesting conditions are met, including continuous service through the applicable vesting date.