Abdiel Capital Management, LLC - 11 Jan 2023 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
11 Jan 2023
Net transactions value
+$8,735,162
Form type
4
Filing time
13 Jan 2023, 18:13:38 UTC
Previous filing
17 Nov 2022
Next filing
19 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Purchase $3,612,789 +113,717 +1.3% $31.77 8,931,235 11 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F2
transaction APPN Class A Common Stock Purchase $174,576 +5,495 +0.06% $31.77 8,936,730 11 Jan 2023 By Abdiel Capital, LP F1, F2
transaction APPN Class A Common Stock Purchase $1,725,263 +53,216 +0.6% $32.42 8,989,946 11 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F3
transaction APPN Class A Common Stock Purchase $83,384 +2,572 +0.03% $32.42 8,992,518 11 Jan 2023 By Abdiel Capital, LP F1, F3
transaction APPN Class A Common Stock Purchase $88,509 +2,715 +0.03% $32.60 8,995,233 12 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F4
transaction APPN Class A Common Stock Purchase $2,771 +85 +0% $32.60 8,995,318 12 Jan 2023 By Abdiel Capital, LP F1, F4
transaction APPN Class A Common Stock Purchase $263,680 +7,864 +0.09% $33.53 9,003,182 12 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F5
transaction APPN Class A Common Stock Purchase $8,282 +247 +0% $33.53 9,003,429 12 Jan 2023 By Abdiel Capital, LP F1, F5
transaction APPN Class A Common Stock Purchase $975,191 +28,201 +0.31% $34.58 9,031,630 12 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F6
transaction APPN Class A Common Stock Purchase $30,707 +888 +0.01% $34.58 9,032,518 12 Jan 2023 By Abdiel Capital, LP F1, F6
transaction APPN Class A Common Stock Purchase $302,637 +8,714 +0.1% $34.73 9,041,232 13 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F7
transaction APPN Class A Common Stock Purchase $9,655 +278 +0% $34.73 9,041,510 13 Jan 2023 By Abdiel Capital, LP F1, F7
transaction APPN Class A Common Stock Purchase $1,391,746 +39,160 +0.43% $35.54 9,080,670 13 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F8
transaction APPN Class A Common Stock Purchase $44,354 +1,248 +0.01% $35.54 9,081,918 13 Jan 2023 By Abdiel Capital, LP F1, F8
transaction APPN Class A Common Stock Purchase $20,933 +581 +0.01% $36.03 9,082,499 13 Jan 2023 By Abdiel Qualified Master Fund, LP F1, F9
transaction APPN Class A Common Stock Purchase $685 +19 +0% $36.03 9,082,518 13 Jan 2023 By Abdiel Capital, LP F1, F9
* 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 $31.36 to $31.99. 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 $32.00 to $32.70. 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.
F4 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $32.44 to $32.95. 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.
F5 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $33.00 to $33.99. 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.
F6 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.00 to $34.83. 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.
F7 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.24 to $34.99. 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.
F8 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $35.00 to $35.99. 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.
F9 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $36.00 to $36.08. 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.