13D Filing: Abdiel Qualified Master Fund LP and Appian Corp (APPN)

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Abdiel Qualified Master Fund 0 3,707,352 0 3,707,352 3,707,352 51.5%
Abdiel Capital 0 136,418 0 136,418 136,418 1.9%
Abdiel Capital Management 0 3,843,770 0 3,843,770 3,843,770 53.4%
Abdiel Capital Advisors 0 3,843,770 0 3,843,770 3,843,770 53.4%
Colin T. Moran 0 3,843,770 0 3,843,770 3,843,770 53.4%

Page 1 of 9 – SEC Filing

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13D

(Rule 13d-101)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)*

Appian
Corporation

(Name of Issuer)

Class A Common Stock, $0.001 par value per share

(Title of Class of Securities)

03782L101

(CUSIP Number)

Abdiel Capital

410 Park Avenue, Suite 930

New York, NY 10022

Attn:
Colin T. Moran

Tel: (646) 496-9202

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

October 25, 2017

(Date of Event Which Requires Filing of This Statement)

If the filing person has
previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e),
13d-1(f) or 13d-1(g), check the following box.  ☐

Note. Schedules filed in paper format shall
include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

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Page 2 of 9 – SEC Filing


CUSIP No. 03782L101 Page
2
of 9 Pages
  1. 

NAME OF
REPORTING PERSONS

Abdiel Qualified Master Fund, LP

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

  2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☐

  3.

SEC USE ONLY

  4.

SOURCE OF FUNDS

WC

  5.

CHECK BOX IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

  6.

CITIZENSHIP OR PLACE OF
ORGANIZATION

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7. 

SOLE VOTING POWER

0

  8.

SHARED VOTING POWER

3,707,352

  9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,707,352

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,707,352

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

51.5%(1)(2)

14.

TYPE OF REPORTING PERSON

PN

(1) Based on 7,198,341 shares of Class A common stock outstanding as of July 31, 2017, as reported in Appian Corporations (the Issuer) Quarterly Report on Form
10-Q for the period ended June 30, 2017, filed with the SEC on August 3, 2017.
(2) Represents approximately 0.7% of the total voting power of all outstanding shares of Class A and Class B common stock.

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Page 3 of 9 – SEC Filing


CUSIP No. 03782L101 Page
3
of 9 Pages
  1. 

NAME OF
REPORTING PERSONS

Abdiel Capital, LP

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

  2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☐

  3.

SEC USE ONLY

  4.

SOURCE OF FUNDS

WC

  5.

CHECK BOX IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

  6.

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7. 

SOLE VOTING POWER

0

  8.

SHARED VOTING POWER

136,418

  9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

136,418

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

136,418

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

1.9%(1)(2)

14.

TYPE OF REPORTING PERSON

PN

(1) Based on 7,198,341 shares of Class A common stock outstanding as of July 31, 2017, as reported in the Issuers Quarterly Report on Form 10-Q for the period ended
June 30, 2017, filed with the SEC on August 3, 2017.
(2) Represents approximately 0.03% of the total voting power of all outstanding shares of Class A and Class B common stock.

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Page 4 of 9 – SEC Filing


CUSIP No. 03782L101 Page
4
of 9 Pages
  1. 

NAME OF
REPORTING PERSONS

Abdiel Capital Management, LLC

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

  2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☐

  3.

SEC USE ONLY

  4.

SOURCE OF FUNDS

AF

  5.

CHECK BOX IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

  6.

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7. 

SOLE VOTING POWER

0

  8.

SHARED VOTING POWER

3,843,770(1)

  9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,843,770(1)

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,843,770(1)

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

53.4%(2)(3)

14.

TYPE OF REPORTING PERSON

OO

(1) Consists of 3,707,352 shares of Class A common stock held by Abdiel Qualified Master Fund, LP and 136,418 shares of Class A common stock held by Abdiel Capital, LP.
(2) Based on 7,198,341 shares of Class A common stock outstanding as of July 31, 2017, as reported in the Issuers Quarterly Report on Form 10-Q for the period ended
June 30, 2017, filed with the SEC on August 3, 2017.
(3) Represents approximately 0.7% of the total voting power of all outstanding shares of Class A and Class B common stock.

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Page 5 of 9 – SEC Filing


CUSIP No. 03782L101 Page
5
of 9 Pages
  1. 

NAME OF
REPORTING PERSONS

Abdiel Capital Advisors, LP

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

  2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☐

  3.

SEC USE ONLY

  4.

SOURCE OF FUNDS

AF

  5.

CHECK BOX IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

  6.

CITIZENSHIP OR PLACE OF
ORGANIZATION

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7. 

SOLE VOTING POWER

0

  8.

SHARED VOTING POWER

3,843,770(1)

  9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,843,770(1)

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,843,770(1)

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

53.4%(2)(3)

14.

TYPE OF REPORTING PERSON

PN, IA

(1) Consists of 3,707,352 shares of Class A common stock held by Abdiel Qualified Master Fund, LP and 136,418 shares of Class A common stock held by Abdiel Capital, LP.
(2) Based on 7,198,341 shares of Class A common stock outstanding as of July 31, 2017, as reported in the Issuers Quarterly Report on Form 10-Q for the period ended
June 30, 2017, filed with the SEC on August 3, 2017.
(3) Represents approximately 0.7% of the total voting power of all outstanding shares of Class A and Class B common stock.

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Page 6 of 9 – SEC Filing


CUSIP No. 03782L101 Page
6
of 9 Pages
  1. 

NAME OF
REPORTING PERSONS

Colin T. Moran

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) (VOLUNTARY)

  2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP

(a)  ☐        (b)  ☐

  3.

SEC USE ONLY

  4.

SOURCE OF FUNDS

AF

  5.

CHECK BOX IF DISCLOSURE OF
LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)

  6.

CITIZENSHIP OR PLACE OF
ORGANIZATION

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  7. 

SOLE VOTING POWER

0

  8.

SHARED VOTING POWER

3,843,770(1)

  9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

3,843,770(1)

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,843,770(1)

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)

53.4%(2)(3)

14.

TYPE OF REPORTING PERSON

IN

(1) Consists of 3,707,352 shares of Class A common stock held by Abdiel Qualified Master Fund, LP and 136,418 shares of Class A common stock held by Abdiel Capital, LP.
(2) Based on 7,198,341 shares of Class A common stock outstanding as of July 31, 2017, as reported in the Issuers Quarterly Report on Form 10-Q for the period ended
June 30, 2017, filed with the SEC on August 3, 2017.
(3) Represents approximately 0.7% of the total voting power of all outstanding shares of Class A and Class B common stock.

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Page 7 of 9 – SEC Filing


CUSIP No. 03782L101 Page
7
of 9 Pages

AMENDMENT NO. 7 TO SCHEDULE 13D

This Amendment No. 7 (Amendment No. 7) amends and supplements the Schedule 13D filed on June 12, 2017 (the Original Schedule
13D) as amended by Amendment No. 1 thereto on June 27, 2017 (Amendment No. 1), Amendment No. 2 thereto on June 29, 2017 (Amendment No. 2), Amendment No. 3 thereto on July 3, 2017
(Amendment No. 3), Amendment No. 4 thereto on July 7, 2017, Amendment No. 5 thereto on July 12, 2017 (Amendment No. 5) and Amendment No. 6 thereto on July 31, 2017 (Amendment
No. 6 and, together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4 and Amendment No. 5, the Schedule 13D), relating to the shares of Class A
common stock, $0.001 par value per share (the Common Stock), of Appian Corporation (the Issuer). Each Item below amends and supplements the information disclosed under the corresponding Item of the Schedule 13D. Except as
specifically provided herein, this Amendment No. 7 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 7 shall have the same meanings herein as are
ascribed to such terms in the Schedule 13D.

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby supplemented by
adding the following:

In a series of transactions completed through October 25, 2017, the Reporting Persons acquired an aggregate amount of 116,771
shares of the Common Stock for the accounts of Abdiel Qualified Master Fund, LP and Abdiel Capital, LP for aggregate consideration of approximately $2.5 million (including commissions). The source of funds used to acquire the 116,771 shares of
Common Stock was the working capital of Abdiel Qualified Master Fund, LP and Abdiel Capital, LP.

Item 5. Interest in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended by amending and
restating paragraphs (a) and (b) thereof as follows:

(a) The information requested by this paragraph is incorporated herein by reference to the
information provided on the cover pages to this Amendment No. 7.

(b) The information requested by this paragraph is incorporated herein by reference
to the information provided on the cover pages to this Amendment No. 7 and Item 2(c) of the Schedule 13D.

Item 5(c) of the Schedule 13D is hereby
supplemented by adding the following:

(c) Information with respect to all transactions in the Common Stock which were effected during the past sixty days
is set forth on Exhibit I attached hereto and incorporated herein by reference.

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Page 8 of 9 – SEC Filing


CUSIP No. 03782L101 Page
8
of 9 Pages
Item 7. Material to be Filed as Exhibits.

Item 7 of the Schedule 13D is hereby amended by amending and
restating it as follows:

Exhibit A Joint Filing Agreement (filed as Exhibit A to the Schedule 13D on June 12, 2017)

Exhibit B Information with respect to Transactions Effected During the Past Sixty Days (filed as Exhibit B to the Schedule 13D on June 12, 2017)

Exhibit C Information with respect to Transactions Effected Since the Filing of the Schedule 13D (filed as Exhibit C to Amendment No. 1 on
June 27, 2017)

Exhibit D Information with respect to Transactions Effected Since the Filing of Amendment No. 1 (filed as Exhibit D to
Amendment No. 2 on June 29, 2017)

Exhibit E Information with respect to Transactions Effected Since the Filing of Amendment No. 2
(filed as Exhibit E to Amendment No. 3 on July 3, 2017)

Exhibit F Information with respect to Transactions Effected Since the Filing of
Amendment No. 3 (filed as Exhibit F to Amendment No. 4 on July 7, 2017)

Exhibit G Information with respect to Transactions Effected
Since the Filing of Amendment No. 4 (filed as Exhibit G to Amendment No. 5 on July 12, 2017)

Exhibit H Information with respect to
Transactions Effected Since the Filing of Amendment No. 5 (filed as Exhibit H to Amendment No. 6 on July 31, 2017)

Exhibit I
Information with respect to Transactions Effected During the Past Sixty Days*

* Filed herewith

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Page 9 of 9 – SEC Filing


CUSIP No. 03782L101 Page
9
of 9 Pages

SIGNATURES

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true,
complete and correct.

Dated: October 26, 2017

ABDIEL QUALIFIED MASTER FUND, LP

By:

Abdiel Capital Management, LLC,

its General Partner

By:

/s/ Colin T. Moran

Colin T. Moran, Managing Member

ABDIEL CAPITAL, LP

By:

Abdiel Capital Management, LLC,

its General Partner

By:

/s/ Colin T. Moran

Colin T. Moran, Managing Member

ABDIEL CAPITAL MANAGEMENT, LLC

By:

/s/ Colin T. Moran

Colin T. Moran, Managing Member

ABDIEL CAPITAL ADVISORS, LP

By:

Abdiel Capital Partners, LLC,

its General Partner

By:

/s/ Colin T. Moran

Colin T. Moran, Managing Member

COLIN T. MORAN

By:

/s/ Colin T. Moran

Colin T. Moran, Individually

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