Matthew W. Calkins - 04 Jan 2022 Form 4 Insider Report for APPIAN CORP (APPN)

Role: CEO and President, Director, 10%+ Owner
Signature: /s/ Angela Patterson, Attorney-in-Fact
Issuer symbol: APPN
Transactions as of: 04 Jan 2022
Transactions value $: $23,786,000
Form type: 4
Filing time: 05 Jan 2022, 15:10:58 UTC
Next filing: 30 Dec 2022
SEC: View on sec.gov

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	04 Jan 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	04 Jan 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.