Christopher Winters - Nov 5, 2021 Form 4 Insider Report for APPIAN CORP (APPN)

Role: General Counsel
Signature: /s/ Angela Patterson, Attorney-in-Fact
Stock symbol: APPN
Transactions as of: Nov 5, 2021
Transactions value $: -$387,871
Form type: 4
Date filed: 11/9/2021, 03:43 PM
Next filing: Jan 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPN	Class A Common Stock	Options Exercise	$0	+12.3K	+45.34%	$0.00	39.3K	Nov 5, 2021	Direct	F1
transaction	APPN	Class A Common Stock	Sale	-$19.7K	-213	-0.54%	$92.65	39.1K	Nov 8, 2021	Direct	F2, F3
transaction	APPN	Class A Common Stock	Sale	-$4.59K	-49	-0.13%	$93.76	39K	Nov 8, 2021	Direct	F2, F4
transaction	APPN	Class A Common Stock	Sale	-$83.6K	-873	-2.24%	$95.79	38.2K	Nov 8, 2021	Direct	F2, F5
transaction	APPN	Class A Common Stock	Sale	-$54.2K	-561	-1.47%	$96.56	37.6K	Nov 8, 2021	Direct	F2, F6
transaction	APPN	Class A Common Stock	Sale	-$182K	-1.86K	-4.95%	$97.67	35.7K	Nov 8, 2021	Direct	F2, F7
transaction	APPN	Class A Common Stock	Sale	-$43.8K	-446	-1.25%	$98.18	35.3K	Nov 8, 2021	Direct	F2, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	APPN	Restricted Stock Unit	Options Exercise	$0	-10K	-50%	$0.00	10K	Nov 5, 2021	Class A Common Stock	10K		Direct	F9, F10
transaction	APPN	Restricted Stock Unit	Options Exercise	$0	-2.26K	-25%	$0.00	6.78K	Nov 5, 2021	Class A Common Stock	2.26K		Direct	F9, F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
F2	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reported Person on March 10, 2021, to cover taxes due upon RSU vesting.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.49 to $92.89, inclusive. The Reporting Person undertakes 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 sold at each separate price within the range set forth in footnotes (3) - (8).
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.55 to $93.96, inclusive.
F5	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.10 to $96.09, inclusive.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.10 to $97.06, inclusive.
F7	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.10 to $98.09, inclusive.
F8	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.10 to $98.33, inclusive.
F9	Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock (or its cash equivalent, at the discretion of the Issuer).
F10	The RSUs were granted on October 25, 2017, and vest in five (5) equal annual installments commencing on November 5, 2018, provided that the Reporting Person has provided continuous service to the Issuer through such vesting date.
F11	The RSUs were granted on October 29, 2019, and vest in five (5) equal installments commencing on November 5, 2020, provided that the Reporting Person has provided continuous service to the Issuer through such vesting date.