4//SEC Filing
Benchmark Capital Management Co. VI, L.L.C. 4
Accession 0001209191-20-051671
CIK 0001477720other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:47 PM ET
Size
39.5 KB
Accession
0001209191-20-051671
Insider Transaction Report
Form 4
Asana, Inc.ASAN
Transactions
- Conversion
Series A Preferred Stock
2020-09-21−13,461,600→ 0 total(indirect: See footnote)→ Existing Class B Common Stock (13,461,600 underlying) - Conversion
Existing Class B Common Stock
2020-09-21+184,642→ 184,642 total(indirect: See footnote)→ Class A Common Stock (184,642 underlying) - Other
Existing Class B Common Stock
2020-09-21−13,461,600→ 0 total(indirect: See footnote)→ Class A Common Stock (13,461,600 underlying) - Other
Class B Common Stock
2020-09-21+184,642→ 13,646,242 total(indirect: See footnote)→ Class A Common Stock (184,642 underlying) - Other
Existing Class B Common Stock
2020-09-21−366,461→ 0 total(indirect: See footnote)→ Class A Common Stock (366,461 underlying) - Other
Class B Common Stock
2020-09-21+13,461,600→ 13,461,600 total(indirect: See footnote)→ Class A Common Stock (13,461,600 underlying) - Conversion
Series B Preferred Stock
2020-09-21−184,642→ 0 total(indirect: See footnote)→ Existing Class B Common Stock (184,642 underlying) - Other
Existing Class B Common Stock
2020-09-21−184,642→ 0 total(indirect: See footnote)→ Class A Common Stock (184,642 underlying) - Conversion
Series E Preferred Stock
2020-09-21−366,461→ 0 total(indirect: See footnote)→ Existing Class B Common Stock (366,461 underlying) - Conversion
Existing Class B Common Stock
2020-09-21+366,461→ 366,461 total(indirect: See footnote)→ Class A Common Stock (366,461 underlying) - Other
Class B Common Stock
2020-09-21+366,461→ 14,012,703 total(indirect: See footnote)→ Class A Common Stock (366,461 underlying) - Conversion
Existing Class B Common Stock
2020-09-21+13,461,600→ 13,461,600 total(indirect: See footnote)→ Class A Common Stock (13,461,600 underlying)
Footnotes (6)
- [F1]The Series A Preferred Stock converted into the Issuer's existing Class B Common Stock ("Existing Class B Common Stock") on a 1:1 basis upon filing of the Issuer's Restated Certificate of Incorporation ("Restated Charter") in connection with the Issuer's direct listing and had no expiration date.
- [F2]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.
- [F3]Upon filing of the Restated Charter in connection with the Issuer's direct listing, each share of Existing Class B Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F4]Each share of Class B Common Stock is convertible into one share of Class A Common Stock upon the option of the holder and has no expiration date.
- [F5]The Series B Preferred Stock converted into Existing Class B Common Stock on a 1:1 basis upon filing of the Restated Charter in connection with the Issuer's direct listing and had no expiration date.
- [F6]The Series E Preferred Stock converted into Existing Class B Common Stock on a 1:1 basis upon filing of the Restated Charter in connection with the Issuer's direct listing and had no expiration date.
Documents
Issuer
Asana, Inc.
CIK 0001477720
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001572569
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:47 PM ET
- Size
- 39.5 KB