Company: APPN
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001441683-25-000017
Chunk: 140

Company: APPIAN CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 140
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ited— — Outstanding at December 31, 20241,055,529 $37.34 5.6$7,751 Exercisable at December 31, 2024355,529 $11.18 2.1$7,751 No stock options were vested during the year ended December 31, 2024 and 2023. The total fair value of stock options that vested during the year ended December 31, 2022 was $0.9 million. As of December 31, 2024, the total compensation cost related to unvested stock options not yet recognized, which relates exclusively to the 2022 CEO Grant, was $5.9 million. This amount will be recognized over a remaining weighted average period of 1.22 years.

95

APPIAN CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Restricted Stock UnitsThe following table summarizes RSU activity for the years ended December 31, 2024, 2023, and 2022:Number of SharesWeighted Average Grant Date Fair ValueNon-vested and outstanding at December 31, 20211,209,529 $70.99 Granted606,203 52.63 Vested(403,648)58.63 Forfeited(221,364)70.30 Non-vested and outstanding at December 31, 20221,190,720 65.97 Granted710,278 42.52 Vested(668,119)58.64 Forfeited(154,815)62.73 Non-vested and outstanding at December 31, 20231,078,064 55.52 Granted987,528 35.61 Vested(657,897)52.04 Forfeited(261,535)45.81 Non-vested and outstanding at December 31, 20241,146,160 $42.59 As of December 31, 2024, total unrecognized compensation cost related to unvested RSUs was approximately $32.1 million, which will be recognized over a weighted average period of 1.5 years.The following table summarizes the components of our stock-based compensation expense by instrument type for the years ended December 31, 2024, 2023, and 2022 (in thousands):Year Ended December 31,202420232