Form 4 APPIAN CORP For: May 17 Filed by: Abdiel Capital Advisors, LP

May 19, 2022 6:35 PM EDT

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
Expires: December 31, 2014
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hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Abdiel Capital Management, LLC

(Last) (First) (Middle)
C/O ABDIEL CAPITAL
90 PARK AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APPIAN CORP [ APPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 05/17/2022   P   9,015 A $ 50.78 (2) 7,659,049 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/17/2022   P   300 A $ 50.78 (2) 7,659,349 I By Abdiel Capital, LP (1)
Class A Common Stock 05/17/2022   P   12,384 A $ 51.61 (3) 7,671,733 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/17/2022   P   413 A $ 51.61 (3) 7,672,146 I By Abdiel Capital, LP (1)
Class A Common Stock 05/17/2022   P   26,989 A $ 52 7,699,135 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/17/2022   P   899 A $ 52 7,700,034 I By Abdiel Capital, LP (1)
Class A Common Stock 05/18/2022   P   5,782 A $ 47.94 (4) 7,705,816 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/18/2022   P   193 A $ 47.94 (4) 7,706,009 I By Abdiel Capital, LP (1)
Class A Common Stock 05/18/2022   P   126,063 A $ 48.54 (5) 7,832,072 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/18/2022   P   4,201 A $ 48.54 (5) 7,836,273 I By Abdiel Capital, LP (1)
Class A Common Stock 05/18/2022   P   29,331 A $ 49.21 (6) 7,865,604 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/18/2022   P   978 A $ 49.21 (6) 7,866,582 I By Abdiel Capital, LP (1)
Class A Common Stock 05/18/2022   P   24,050 A $ 50.47 (7) 7,890,632 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/18/2022   P   802 A $ 50.47 (7) 7,891,434 I By Abdiel Capital, LP (1)
Class A Common Stock 05/18/2022   P   8,323 A $ 51.4 (8) 7,899,757 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/18/2022   P   277 A $ 51.4 (8) 7,900,034 I By Abdiel Capital, LP (1)
Class A Common Stock 05/19/2022   P   11,293 A $ 48.66 (9) 7,911,327 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/19/2022   P   373 A $ 48.66 (9) 7,911,700 I By Abdiel Capital, LP (1)
Class A Common Stock 05/19/2022   P   27,394 A $ 49.36 (10) 7,939,094 I By Abdiel Qualified Master Fund, LP (1)
Class A Common Stock 05/19/2022   P   906 A $ 49.36 (10) 7,940,000 I By Abdiel Capital, LP (1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF") and Abdiel Capital, LP ("ACLP"). Abdiel Capital Management, LLC is the general partner of AQMF and ACLP, and Abdiel Capital Advisors, LP serves as the investment manager of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.
2. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $50.13 to $51.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
3. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $51.00 to $51.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
4. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $47.80 to $47.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
5. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $48.00 to $48.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
6. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $49.00 to $49.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
7. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $50.00 to $50.98. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
8. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $51.04 to $52.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
9. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $48.37 to $48.99. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
10. The price reported in this column is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $49.04 to $49.50. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC 05/19/2022
** Signature of Reporting Person Date
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Qualified Master Fund, LP 05/19/2022
** Signature of Reporting Person Date
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC, general partner of Abdiel Capital, LP 05/19/2022
** Signature of Reporting Person Date
By: /s/ Colin T. Moran as managing member of Abdiel Capital Partners, LLC, general partner of Abdiel Capital Advisors, LP 05/19/2022
** Signature of Reporting Person Date
By: /s/ Colin T. Moran, individually 05/19/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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