3//SEC Filing
Benchmark Capital Management Co. VI, L.L.C. 3
Accession 0001209191-20-051365
CIK 0001477720other
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 6:33 PM ET
Size
18.8 KB
Accession
0001209191-20-051365
Insider Transaction Report
Form 3
Asana, Inc.ASAN
Holdings
- (indirect: See footnote)
Series A Preferred Stock
→ Existing Class B Common Stock (13,461,600 underlying) - (indirect: See footnote)
Series B Preferred Stock
→ Existing Class B Common Stock (184,642 underlying) - (indirect: See footnote)
Series E Preferred Stock
→ Existing Class B Common Stock (366,461 underlying)
Footnotes (5)
- [F1]The Series A Preferred Stock is convertible into existing Class B Common Stock ("Existing Class B Common Stock") on a 1:1 basis and has no expiration date. Upon filing of the Issuer's Restated Certificate of Incorporation ("Restated Charter"), all shares of Series A Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer.
- [F2]Each share of the Issuer's Existing Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Each share of Existing Class B Common Stock is entitled to 100 votes per share. Upon filing of the Issuer's Restated Charter in connection with the Issuer's direct listing, each share of Existing Class B Common Stock will be reclassified into one share of the Issuer's Class B Common Stock, each of which is entitled to 10 votes per share.
- [F3]Shares are held directly by Benchmark Capital Partners VI, L.P. ("BCP VI") for itself and as nominee for Benchmark Founders' Fund VI, L.P. ("BFF VI"), Benchmark Founders' Fund VI-B, L.P. ("BFF VI-B") and related individuals. Benchmark Capital Management Co. VI, L.L.C. ("BCMC VI"), the general partner of BCP VI, BFF VI and BFF VI-B, may be deemed to have sole voting and dispositive power over the securities. Matthew R. Cohler, a member of the Issuer's board of directors, Alexandre Balkanski, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky and Steven M. Spurlock are the managing members of BCMC VI, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
- [F4]The Series B Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series B Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer.
- [F5]The Series E Preferred Stock is convertible into Existing Class B Common Stock on a 1:1 basis and has no expiration date. Upon filing of the Restated Charter, all shares of Series E Preferred Stock will be converted into shares of Existing Class B Common Stock of the Issuer.
Issuer
Asana, Inc.
CIK 0001477720
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001572569
Filing Metadata
- Form type
- 3
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 6:33 PM ET
- Size
- 18.8 KB