Abdiel Capital Management, LLC - Nov 15, 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
Stock symbol
APPN
Transactions as of
Nov 15, 2022
Transactions value $
$1,383,749
Form type
4
Date filed
11/17/2022, 04:28 PM
Previous filing
Nov 14, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Purchase $1.16M +27.9K +0.32% $41.66 8.81M Nov 15, 2022 By Abdiel Qualified Master Fund, LP F1, F2
transaction APPN Class A Common Stock Purchase $37.4K +897 +0.01% $41.66 8.81M Nov 15, 2022 By Abdiel Capital, LP F1, F2
transaction APPN Class A Common Stock Purchase $179K +4.25K +0.05% $42.10 8.82M Nov 15, 2022 By Abdiel Qualified Master Fund, LP F1, F3
transaction APPN Class A Common Stock Purchase $5.77K +137 +0% $42.10 8.82M Nov 15, 2022 By Abdiel Capital, LP F1, F3
* 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 for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $41.25 to $41.99. The Reporting Persons undertake to provide to the Issuer, any shareholder 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 for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $42.00 to $42.31. The Reporting Persons undertake to provide to the Issuer, any shareholder 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.