APPIAN CORP — Director's Dealing 2020

Mar 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPIAN CORP (APPN)
CIK: 0001441683
Period of Report: 2020-03-06

Reporting Person: MITCHELL DAVID LEON (Senior VP, Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-06	Class A Common Stock	M	10000	—	Acquired	18837	Direct
2020-03-06	Class A Common Stock	S	3091	$46.83	Disposed	15746	Direct
2020-03-06	Class A Common Stock	S	100	$47.29	Disposed	15646	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-06	Restricted Stock Unit	$	M	10000	Disposed		Class A Common Stock (10000.0)	Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2019, solely to cover taxes, commissions and fees 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 $46.25 to $47.23, 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 (3).

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 2/15/2018 and vest in five (5) equal annual installments commencing on the one-year anniversary of 3/5/2018, provided that the Reporting Person has provided continuous service to the Issuer through such vesting date.