Company: APPN
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001441683-25-000017
Chunk: 141

Company: APPIAN CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 141
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022RSUs$33,267 $37,563 $35,290 Stock options5,059 5,045 2,790 Common stock awards to Board of Directors719 779 750 Total stock-based compensation expense$39,045 $43,387 $38,830 The following table summarizes stock-based compensation expense by line item in the accompanying consolidated statements of operations for the years ended December 31, 2024, 2023, and 2022 (in thousands):Year Ended December 31,202420232022Cost of revenueSubscriptions$848 $925 $996 Professional services5,674 6,055 5,309 Operating expensesSales and marketing8,200 10,842 9,152 Research and development11,716 12,486 12,523 General and administrative12,607 13,079 10,850 Total stock-based compensation expense$39,045 $43,387 $38,830 

96

APPIAN CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

11. Stockholders' EquityWe have authorized 500,000,000 shares of Class A common stock and 100,000,000 shares of Class B common stock, each with a par value of $0.0001 per share. As of December 31, 2024, our shares of Class A common stock, which are publicly traded on the Nasdaq Global Market, totaled 42,938,701 issued and outstanding while our shares of Class B common stock, which are not publicly traded, totaled 31,090,085 issued and outstanding. The rights of the holders of Class A common stock and Class B common stock are identical except with respect to voting and conversion rights. The holders of Class A common stock are entitled to one vote per share, and the holders of Class B common stock are entitled to ten votes per share on all matters subject to stockholder vote. The holders of Class B common stock also have approval rights for certain corporate actions. Each share of Class B common stock may be converted into one share of Class A common stock at the option of its holder and will be automatically converted upon transfer thereof, subject to certain exceptions. In addition, upon the date on which the outstanding shares of Class B common stock represent less than 10% of the aggregate voting power of our capital stock, all outstanding shares of Class B common stock will