Matthew W. Calkins - Jan 4, 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Signature
/s/ Angela Patterson, Attorney-in-Fact
Stock symbol
APPN
Transactions as of
Jan 4, 2022
Transactions value $
$23,786,000
Form type
4
Date filed
1/5/2022, 03:10 PM
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPN Class A Common Stock Options Exercise $23.8M +700K $33.98 700K Jan 4, 2022 Direct

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 Employee Stock Option (Right to Buy) Options Exercise $0 -700K -100% $0.00* 0 Jan 4, 2022 Class A Common Stock 700K $33.98 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vested and became exercisable on February 3, 2021, which was the occurrence of (a) the price per share of the Class A common stock closing at or above 2.5 times the trailing 45-day average closing price of the Class A common stock prior to the date of grant (the "Vesting Price Threshold") during every business day of a 90-calendar day period.