Matthew W. Calkins - 08 Jun 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: 08 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 10 Jun 2022, 16:02:38 UTC
Previous filing: 30 Dec 2022
Next filing: 01 Oct 2024
SEC: View on sec.gov

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)	Award	$0	+700K		$0.00	700K	08 Jun 2022	Class A Common Stock	700K	$50.63	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option will vest in four installments of 25% each if (a) the average closing price per share of the Company's Class A common stock for a 365 calendar day period equals each of $175, $200, $225, and $250, respectively (the "Vesting Price Threshold"), or (b) if the Company engages in a corporate transaction in which the Company's Class A common stock is valued at or above a Vesting Price Threshold, in each case prior to June 7, 2030.

Content

The option will vest in four installments of 25% each if (a) the average closing price per share of the Company's Class A common stock for a 365 calendar day period equals each of $175, $200, $225, and $250, respectively (the "Vesting Price Threshold"), or (b) if the Company engages in a corporate transaction in which the Company's Class A common stock is valued at or above a Vesting Price Threshold, in each case prior to June 7, 2030.