Abdiel Capital Advisors, LP - Jul 10, 2024 Form 4 Insider Report for APPIAN CORP (APPN)

Role
10%+ Owner
Signature
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, general partner of Abdiel Capital Advisors, LP
Stock symbol
APPN
Transactions as of
Jul 10, 2024
Transactions value $
$18,127,291
Form type
4
Date filed
7/12/2024, 08:35 PM
Previous filing
Jul 9, 2024
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Purchase $3.17M +96.3K +1.48% $32.91 6.6M Jul 10, 2024 By Abdiel Qualified Master Fund, LP F1, F2
transaction APPN Class A Common Stock Purchase $121K +3.68K +0.06% $32.91 6.6M Jul 10, 2024 By Abdiel Capital, LP F1, F2
transaction APPN Class A Common Stock Purchase $4.6M +141K +2.14% $32.56 6.74M Jul 11, 2024 By Abdiel Qualified Master Fund, LP F2, F3
transaction APPN Class A Common Stock Purchase $176K +5.41K +0.08% $32.56 6.75M Jul 11, 2024 By Abdiel Capital, LP F2, F3
transaction APPN Class A Common Stock Purchase $109K +3.28K +0.05% $33.15 6.75M Jul 11, 2024 By Abdiel Qualified Master Fund, LP F2, F4
transaction APPN Class A Common Stock Purchase $4.14K +125 +0% $33.15 6.75M Jul 11, 2024 By Abdiel Capital, LP F2, F4
transaction APPN Class A Common Stock Purchase $8.78M +260K +3.85% $33.75 7.01M Jul 11, 2024 By Abdiel Qualified Master Fund, LP F2
transaction APPN Class A Common Stock Purchase $336K +9.96K +0.14% $33.75 7.02M Jul 11, 2024 By Abdiel Capital, LP F2
transaction APPN Class A Common Stock Purchase $806K +24.2K +0.34% $33.35 7.04M Jul 12, 2024 By Abdiel Qualified Master Fund, LP F2, F5
transaction APPN Class A Common Stock Purchase $31.5K +944 +0.01% $33.35 7.05M Jul 12, 2024 By Abdiel Capital, LP F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported for the Common Stock is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.66 to $33.41. 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.
F2 The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF"), Abdiel Capital, LP ("ACLP") and Abdiel Partners, LLC ("APLLC"). Abdiel Capital Advisors, LP serves as the investment manager of AQMF, ACLP and APLLC. Abdiel Capital Management, LLC is the general partner 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 and the managing member of APLLC. By virtue of the foregoing relationships, Mr. Moran and Abdiel Capital Advisers LP may be deemed to beneficially own the securities held by AQMF, ACLP and APLLC, and Abdiel Capital Management LLC 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.
F3 The price reported for the Common Stock is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.98 to $32.98. 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 for the Common Stock is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.00 to $33.50. 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 for the Common Stock is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.69 to $33.50. 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.