Abdiel Capital Management, LLC - 07 Apr 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Role
10%+ Owner
Signature
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC
Issuer symbol
APPN
Transactions as of
07 Apr 2022
Net transactions value
+$2,632,744
Form type
4
Filing time
11 Apr 2022, 18:30:56 UTC
Previous filing
07 Apr 2022
Next filing
12 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Purchase $19,109 +348 +0.01% $54.91 5,952,882 07 Apr 2022 By Abdiel Qualified Master Fund, LP F1, F2
transaction APPN Class A Common Stock Purchase $2,581 +47 +0% $54.91 5,952,929 07 Apr 2022 By Abdiel Capital, LP F1, F2
transaction APPN Class A Common Stock Purchase $596,114 +10,708 +0.18% $55.67 5,963,637 07 Apr 2022 By Abdiel Qualified Master Fund, LP F1, F3
transaction APPN Class A Common Stock Purchase $80,777 +1,451 +0.02% $55.67 5,965,088 07 Apr 2022 By Abdiel Capital, LP F1, F3
transaction APPN Class A Common Stock Purchase $483,738 +8,583 +0.14% $56.36 5,973,671 07 Apr 2022 By Abdiel Qualified Master Fund, LP F1, F4
transaction APPN Class A Common Stock Purchase $65,547 +1,163 +0.02% $56.36 5,974,834 07 Apr 2022 By Abdiel Capital, LP F1, F4
transaction APPN Class A Common Stock Purchase $10,032 +176 +0% $57.00 5,975,010 07 Apr 2022 By Abdiel Qualified Master Fund, LP F1
transaction APPN Class A Common Stock Purchase $1,368 +24 +0% $57.00 5,975,034 07 Apr 2022 By Abdiel Capital, LP F1
transaction APPN Class A Common Stock Purchase $755,601 +13,849 +0.23% $54.56 5,988,883 08 Apr 2022 By Abdiel Qualified Master Fund, LP F1, F5
transaction APPN Class A Common Stock Purchase $617,877 +11,151 +0.19% $55.41 6,000,034 08 Apr 2022 By Abdiel Qualified Master Fund, LP F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF") and Abdiel Capital, LP ("ACLP"). Abdiel Capital Management, LLC is the general partner of AQMF and ACLP, and Abdiel Capital Advisors, LP serves as the investment manager of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $54.75 to $54.96. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $55.00 to $56.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $56.00 to $56.97. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $54.08 to $54.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $55.00 to $55.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.