13G Filing: Clearline Capital and Apptio Inc

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(h) [_]

A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [_]

A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company Act of
1940;

(j) [_]

A non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J);

(k) [_]

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If
filing as a non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J), please specify the type of institution:
_____

Item 4. Ownership***

As of the close of business on April 5, 2017, Clearline Capital
LP, Clearline Capital LLC, Clearline Capital GP LLC and Marc Majzner
beneficially owned 467,521 shares, or 6.8%, of the Issuers Class A Common Stock
outstanding. The percentage was calculated based on the 6,900,000 shares of
Class A Common Stock outstanding as of February 14, 2017, as per the Issuers
Form 10-K dated February 17, 2017.

(a)

Amount Beneficially Owned***:

As of the close of business on April 5, 2017, Clearline
Capital LP, a Delaware limited partnership, beneficially owned 467,521
shares of the Issuers Class A Common Stock.

As of the close of business on April 5, 2017, Clearline
Capital LLC, a Delaware limited liability company, beneficially owned
467,521 shares of the Issuers Class A Common Stock.

As of the close of business on April 5, 2017, Clearline
Capital GP LLC, a Delaware limited liability company, beneficially owned
467,521 shares of the Issuers Class A Common Stock.

As of the close of business on April 5, 2017, Marc
Majzner, managing member, beneficially owned 467,521 shares of the
Issuers Class A Common Stock.

(b)

Percent of Class:

As of the close of business on April 5, 2017, Clearline
Capital LP beneficially owned 6.8%, of the Issuers Class A Common Stock
outstanding.

As of the close of business on April 5, 2017, Clearline
Capital LLC beneficially owned 6.8%, of the Issuers Class A Common Stock
outstanding.

As of the close of business on April 5, 2017, Clearline
Capital GP LLC beneficially owned 6.8%, of the Issuers Class A Common
Stock outstanding.

As of the close of business on April 5, 2017, Marc
Majzner beneficially owned 6.8%, of the Issuers Class A Common Stock
outstanding.

(c)

Number of shares as to which such person
has:

(i)

Sole power to vote or to direct the vote:
0

(ii)

Shared power to vote or to direct the
vote:

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