Home > Insider Trading > Filing (0001441683-19-000132)

Filing Details

Accession Number:: 0001441683-19-000132
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-12 16:12:39
Reporting Period:: 2019-08-09

Accepted Time:: 2019-08-12 16:12:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1441683	Appian Corp	APPN	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1435102	G Michael Devine	C/O Appian Corporation 7950 Jones Branch Drive Tysons VA 22102		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2019-08-09	15,000	$0.00	22,514	No	4	C	Direct
Class A Common Stock	Disposition	2019-08-09	15,000	$45.00	7,514	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Stock Option (Right to Buy)	Disposition	2019-08-09	15,000	$0.00	15,000	$6.03
Class A Common Stock	Class B Common Stock	Acquisiton	2019-08-09	15,000	$6.03	15,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2019-08-09	15,000	$0.00	15,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
55,000	2025-05-07	No	4	M	Direct
15,000		No	4	M	Direct
0		No	4	C	Direct

Footnotes

Pursuant to the terms of the Class B Common Stock, the Reporting Person converted shares of Class B Common Stock into shares of Class A Common Stock.
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (1) any transfer, whether or not for value and whether voluntary or involuntary or by operation of law, except for certain transfers described in the Issuer's certificate of incorporation, including, without limitation, certain transfers for tax and estate planning purposes or (continued to Footnote (3))
(continued from Footnote (2)) (2) the death or disability, as defined in the Issuer's certificate of incorporation, of the applicable Class B common stockholder (or nine months after the date of death or disability if the stockholder is one of the Issuer's founders). In addition, on the first trading day following the date on which the outstanding shares of Class B Common Stock represent less than 10% of the aggregate voting power of the Issuer's then outstanding capital stock, all outstanding shares of Class B Common Stock shall convert automatically into Class A Common Stock, and no additional shares of Class B Common Stock will be issued.
These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.90 to $45.16, inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (5) to this Form 4.
This option is vested with respect to four-fifths of the shares subject to this option. The remaining shares will vest in on March 26, 2020, subject to the Reporting Person's continued service to the Issuer through each vesting date.