Appian's Mark Dorsey converts awards into 18,245 shares
The two RSU grants vest in four equal annual installments, beginning November 5, 2025 and November 5, 2026, subject to continuous service.
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Rhea-AI Filing Summary
Appian Corp Chief Revenue Officer Mark Dorsey had 18,245 Class A common shares acquired through RSU conversions on November 5, 2026. The report also lists dispositions of 8,729 and 9,516 RSUs. He had 7,591 shares delivered or withheld for payment of exercise price or tax liability, at a reported $54.03 per share. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3 | 8,729 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F4 | 9,516 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 18,245 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 7,591 | $54.03 | $410K |
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
- F2. 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).
- F3. The RSUs were granted on November 5, 2024, and vest in four (4) equal annual installments commencing on November 5, 2025, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
- F4. The RSUs were granted on November 4, 2025, and vest in four (4) equal annual installments commencing on November 5, 2026, provided that the Reporting Person has provided continuous service to the Issuer through each vesting date.
Key Figures
Key Terms
Restricted Stock Unit financial
contingent right financial
one-for-one basis technical
continuous service technical
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