Filing Details
- Accession Number:
- 0001441683-20-000022
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-25 16:20:29
- Reporting Period:
- 2020-02-24
- Accepted Time:
- 2020-02-25 16:20:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1441683 | Appian Corp | APPN | Services-Prepackaged Software (7372) | 541956084 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1707384 | Steven Mark Lynch | C/O Appian Corporation 7950 Jones Branch Drive Tysons VA 22102 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-02-24 | 4,000 | $0.00 | 9,400 | No | 4 | C | Direct | |
| Class A Common Stock | Acquisiton | 2020-02-24 | 12,000 | $0.00 | 21,400 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2020-02-24 | 16,000 | $45.77 | 5,400 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-02-24 | 4,000 | $0.00 | 4,000 | $4.11 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2020-02-24 | 4,000 | $4.11 | 4,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2020-02-24 | 4,000 | $0.00 | 4,000 | $0.00 |
| Class B Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-02-24 | 12,000 | $0.00 | 12,000 | $9.46 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2020-02-24 | 12,000 | $9.46 | 12,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2020-02-24 | 12,000 | $0.00 | 12,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-01-07 | No | 4 | M | Direct | |
| 4,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 98,000 | 2026-07-20 | No | 4 | M | Direct | |
| 12,000 | 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.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2019.
- Fully vested.
- This option vested in five equal annual installments commencing on July 20, 2017 and on each of the next four anniversaries thereof, subject to the Reporting Person's continued service to the Issuer through each vesting date.
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