Abdiel Capital Management, LLC - 17 Jan 2023 Form 4 Insider Report for APPIAN CORP (APPN)

Reporting relationship: 10%+ Owner
Issuer ticker: APPN
Reported as of: 17 Jan 2023
Net transaction value: +$11,891,120
SEC form: 4
Accepted by SEC: 19 Jan 2023, 18:25:47 UTC
Prior SEC filing: 13 Jan 2023
Next SEC filing: 11 Oct 2023
Source filing: View source filing
Reporting owner signature: By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC

Key filing fact

Abdiel Capital Management, LLC filed Form 4 for APPIAN CORP (APPN) on 19 Jan 2023.

Key facts

This page summarizes Abdiel Capital Management, LLC's Form 4 filing for APPIAN CORP (APPN).
16 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 Jan 2023, 18:25.

Change

Previous filing in this sequence was filed on 13 Jan 2023.
Current net transaction value: +$11,891,120.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APPN transaction

Class A Common Stock

Purchase

Transaction value: $126,298
Shares: +3,520
Change %: +0.04%
Price: $35.88
Shares after: 9,086,038
Date: 17 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F2

APPN transaction

Class A Common Stock

Purchase

Transaction value: $4,090
Shares: +114
Change %: +0%
Price: $35.88
Shares after: 9,086,152
Date: 17 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F2

APPN transaction

Class A Common Stock

Purchase

Transaction value: $469,504
Shares: +12,835
Change %: +0.14%
Price: $36.58
Shares after: 9,098,987
Date: 17 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F3

APPN transaction

Class A Common Stock

Purchase

Transaction value: $15,217
Shares: +416
Change %: +0%
Price: $36.58
Shares after: 9,099,403
Date: 17 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F3

APPN transaction

Class A Common Stock

Purchase

Transaction value: $1,011,161
Shares: +27,233
Change %: +0.3%
Price: $37.13
Shares after: 9,126,636
Date: 17 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F4

APPN transaction

Class A Common Stock

Purchase

Transaction value: $32,749
Shares: +882
Change %: +0.01%
Price: $37.13
Shares after: 9,127,518
Date: 17 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F4

APPN transaction

Class A Common Stock

Purchase

Transaction value: $4,217
Shares: +114
Change %: +0%
Price: $36.99
Shares after: 9,127,632
Date: 18 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1

APPN transaction

Class A Common Stock

Purchase

Transaction value: $148
Shares: +4
Change %: +0%
Price: $36.99
Shares after: 9,127,636
Date: 18 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1

APPN transaction

Class A Common Stock

Purchase

Transaction value: $6,155,067
Shares: +164,618
Change %: +1.8%
Price: $37.39
Shares after: 9,292,254
Date: 18 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F5

APPN transaction

Class A Common Stock

Purchase

Transaction value: $200,186
Shares: +5,354
Change %: +0.06%
Price: $37.39
Shares after: 9,297,608
Date: 18 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F5

APPN transaction

Class A Common Stock

Purchase

Transaction value: $182,307
Shares: +4,755
Change %: +0.05%
Price: $38.34
Shares after: 9,302,363
Date: 18 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F6

APPN transaction

Class A Common Stock

Purchase

Transaction value: $5,943
Shares: +155
Change %: +0%
Price: $38.34
Shares after: 9,302,518
Date: 18 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F6

APPN transaction

Class A Common Stock

Purchase

Transaction value: $2,757,251
Shares: +75,109
Change %: +0.81%
Price: $36.71
Shares after: 9,377,627
Date: 19 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F7

APPN transaction

Class A Common Stock

Purchase

Transaction value: $90,343
Shares: +2,461
Change %: +0.03%
Price: $36.71
Shares after: 9,380,088
Date: 19 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F7

APPN transaction

Class A Common Stock

Purchase

Transaction value: $810,081
Shares: +21,718
Change %: +0.23%
Price: $37.30
Shares after: 9,401,806
Date: 19 Jan 2023
Ownership: By Abdiel Qualified Master Fund, LP
Footnotes: F1, F8

APPN transaction

Class A Common Stock

Purchase

Transaction value: $26,558
Shares: +712
Change %: +0.01%
Price: $37.30
Shares after: 9,402,518
Date: 19 Jan 2023
Ownership: By Abdiel Capital, LP
Footnotes: F1, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote 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.

Footnote 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.

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.

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.

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.

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.

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.

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.