Abdiel Capital Management, LLC - Jan 17, 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
Stock symbol
APPN
Transactions as of
Jan 17, 2023
Transactions value $
$11,891,120
Form type
4
Date filed
1/19/2023, 06:25 PM
Previous filing
Jan 13, 2023
Next filing
Oct 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Purchase $126K +3.52K +0.04% $35.88 9.09M Jan 17, 2023 By Abdiel Qualified Master Fund, LP F1, F2
transaction APPN Class A Common Stock Purchase $4.09K +114 +0% $35.88 9.09M Jan 17, 2023 By Abdiel Capital, LP F1, F2
transaction APPN Class A Common Stock Purchase $470K +12.8K +0.14% $36.58 9.1M Jan 17, 2023 By Abdiel Qualified Master Fund, LP F1, F3
transaction APPN Class A Common Stock Purchase $15.2K +416 +0% $36.58 9.1M Jan 17, 2023 By Abdiel Capital, LP F1, F3
transaction APPN Class A Common Stock Purchase $1.01M +27.2K +0.3% $37.13 9.13M Jan 17, 2023 By Abdiel Qualified Master Fund, LP F1, F4
transaction APPN Class A Common Stock Purchase $32.7K +882 +0.01% $37.13 9.13M Jan 17, 2023 By Abdiel Capital, LP F1, F4
transaction APPN Class A Common Stock Purchase $4.22K +114 +0% $36.99 9.13M Jan 18, 2023 By Abdiel Qualified Master Fund, LP F1
transaction APPN Class A Common Stock Purchase $148 +4 +0% $36.99 9.13M Jan 18, 2023 By Abdiel Capital, LP F1
transaction APPN Class A Common Stock Purchase $6.16M +165K +1.8% $37.39 9.29M Jan 18, 2023 By Abdiel Qualified Master Fund, LP F1, F5
transaction APPN Class A Common Stock Purchase $200K +5.35K +0.06% $37.39 9.3M Jan 18, 2023 By Abdiel Capital, LP F1, F5
transaction APPN Class A Common Stock Purchase $182K +4.76K +0.05% $38.34 9.3M Jan 18, 2023 By Abdiel Qualified Master Fund, LP F1, F6
transaction APPN Class A Common Stock Purchase $5.94K +155 +0% $38.34 9.3M Jan 18, 2023 By Abdiel Capital, LP F1, F6
transaction APPN Class A Common Stock Purchase $2.76M +75.1K +0.81% $36.71 9.38M Jan 19, 2023 By Abdiel Qualified Master Fund, LP F1, F7
transaction APPN Class A Common Stock Purchase $90.3K +2.46K +0.03% $36.71 9.38M Jan 19, 2023 By Abdiel Capital, LP F1, F7
transaction APPN Class A Common Stock Purchase $810K +21.7K +0.23% $37.30 9.4M Jan 19, 2023 By Abdiel Qualified Master Fund, LP F1, F8
transaction APPN Class A Common Stock Purchase $26.6K +712 +0.01% $37.30 9.4M Jan 19, 2023 By Abdiel Capital, LP F1, F8
* 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 $35.65 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.
F3 The price reported for the Common Stock is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $36.01 to $37.00. 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 $37.00 to $37.29. 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 $37.01 to $37.98. 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 $38.00 to $38.66. 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 $36.07 to $37.00. 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 $37.00 to $37.98. 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.