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APPIAN CORP — Director's Dealing 2021
May 6, 2021
17838_dirs_2021-05-06_d896f25f-b7a2-482f-8152-3119607fea37.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPIAN CORP (APPN)
CIK: 0001441683
Period of Report: 2021-05-04
Reporting Person: Cross Eric Calvin (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-06 | Class A Common Stock | M | 7524 | — | Acquired | 7524 | Direct |
| 2021-05-06 | Class A Common Stock | S | 150 | $98.82 | Disposed | 7374 | Direct |
| 2021-05-06 | Class A Common Stock | S | 620 | $99.71 | Disposed | 6754 | Direct |
| 2021-05-06 | Class A Common Stock | S | 1800 | $100.99 | Disposed | 4954 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-04 | Restricted Stock Unit | $ | A | 5648 | Acquired | Class A Common Stock (5648.0) | Direct | |
| 2021-05-06 | Restricted Stock Unit | $ | M | 7524 | Disposed | Class A Common Stock (7524.0) | 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 February 25, 2021.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.23 to $99.11, 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 (3) - (5).
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.23 to $100.13, inclusive.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.68 to $101.15, inclusive.
F6: 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).
F7: The RSUs will vest in four (4) equal annual installments commencing on the one-year anniversary of May 5, 2021, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
F8: The RSUs were granted on 6/4/2020 and 7,524 of the RSUs vested on 5/5/2021, 7,524 RSUs will vest on each of 5/5/2022 and 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.