Pavel Zamudio-Ramirez - 10 May 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Role: Chief Customer Officer
Signature: /s/ Angela Patterson, Attorney-in-Fact
Issuer symbol: APPN
Transactions as of: 10 May 2022
Net transactions value: -$118,252
Form type: 4
Filing time: 11 May 2022, 16:03:17 UTC
Previous filing: 25 Feb 2022
Next filing: 10 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPN	Class A Common Stock	Options Exercise	$0	+588	+18%	$0.000000	3,944	10 May 2022	Direct	F1
transaction	APPN	Class A Common Stock	Options Exercise	$0	+6,446	+163%	$0.000000	10,390	10 May 2022	Direct
transaction	APPN	Class A Common Stock	Sale	$118,252	-2,165	-21%	$54.62	8,225	10 May 2022	Direct	F2, F3

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	-588	-25%	$0.000000	1,764	10 May 2022	Class A Common Stock	588		Direct	F4, F5
transaction	APPN	Restricted Stock Unit	Options Exercise	$0	-6,446	-33%	$0.000000	12,897	10 May 2022	Class A Common Stock	6,446		Direct	F4, F6
holding	APPN	Restricted Stock Unit						4,136	10 May 2022	Class A Common Stock	4,136		Direct	F4, F7, F8

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

Explanation of Responses:

Id	Content
F1	Includes the following shares acquired under the Appian Corporation Employee Stock Purchase Plan: 104 shares on 2/7/22, 108 shares on 3/4/22, 84 shares on 4/5/22 and 109 shares on 5/4/22.
F2	Shares sold to cover taxes due upon vesting of RSUs.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.46 to $54.70, inclusive. The Reporting Person undertakes to provide to Appian Corporation, any security holder of Appian Corporation, 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 this footnote.
F4	Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
F5	The RSUs were granted on May 4, 2021 and vest in four equal annual installments commencing on May 5, 2022, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
F6	The RSUs were granted on May 5, 2020. 6,446 vested on May 5, 2022, and 4,299 will vest on each of May 5, 2023, May 5, 2024 and May 5, 2025, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
F7	The RSUs were granted on November 2, 2021 and vest in four equal annual installments commencing on November 5, 2022, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
F8	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).