Eric Calvin Cross - May 10, 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Role: Chief Revenue Officer
Signature: /s/ Angela Patterson, Attorney-in-Fact
Stock symbol: APPN
Transactions as of: May 10, 2022
Transactions value $: -$505,877
Form type: 4
Date filed: 5/11/2022, 04:04 PM
Previous filing: May 5, 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	+8.94K		$0.00	8.94K	May 10, 2022	Direct	F1
transaction	APPN	Class A Common Stock	Sale	-$136K	-2.49K	-27.82%	$54.72	6.45K	May 10, 2022	Direct	F2
transaction	APPN	Class A Common Stock	Sale	-$370K	-6.45K	-100%	$57.34	0	May 10, 2022	Direct	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	-7.52K	-41.18%	$0.00	10.7K	May 10, 2022	Class A Common Stock	7.52K		Direct	F4, F5
transaction	APPN	Restricted Stock Unit	Options Exercise	$0	-1.41K	-25%	$0.00	4.24K	May 10, 2022	Class A Common Stock	1.41K		Direct	F4, F6
holding	APPN	Restricted Stock Unit						12.3K	May 10, 2022	Class A Common Stock	12.3K		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	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.59 to $54.94, 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 footnotes (2) and (3).
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.34 to 57.46, inclusive.
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 6/4/2020 and 7,524 of the RSUs vested on each of 5/5/2021 and 5/5/2022, 7,524 RSUs will vest on 5/5/2023, and 3,224 of the RSUs will vest on 5/5/2024, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
F6	The RSUs were granted on 5/4/2021 and vest in four (4) equal annual installments commencing on 5/5/2022, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
F7	The RSUs were granted on 5/3/2022 and will vest in four (4) equal annual installments commencing on 5/5/2023, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.