Mark Steven Lynch - 08 Nov 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Role
Director
Signature
/s/ Angela Patterson, Attorney-in-Fact
Issuer symbol
APPN
Transactions as of
08 Nov 2022
Net transactions value
-$216,672
Form type
4
Filing time
10 Nov 2022, 15:08:56 UTC
Previous filing
04 Oct 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Options Exercise $0 +14,598 +54% $0.000000 41,696 08 Nov 2022 Direct F1
transaction APPN Class A Common Stock Sale $216,672 -6,418 -15% $33.76 35,278 08 Nov 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 -10,000 -100% $0.000000* 0 08 Nov 2022 Class A Common Stock 10,000 Direct F4, F5
transaction APPN Restricted Stock Unit Options Exercise $0 -76 -50% $0.000000 76 08 Nov 2022 Class A Common Stock 76 Direct F4, F6
transaction APPN Restricted Stock Unit Options Exercise $0 -4,522 -33% $0.000000 9,044 08 Nov 2022 Class A Common Stock 4,522 Direct F4, F7
* 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 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 $33.65 to $33.87, 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 this footnote.
F4 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).
F5 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 the vesting date.
F6 The RSUs were granted on October 29, 2019 and vest in five (5) equal annual installments commencing on November 5, 2020, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
F7 The RSUs were granted on October 19, 2018, and vest in five (5) equal annual installments commencing on November 5, 2019, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.