Abdiel Capital owns 25.7% of this software stock that lost a third of its value since the middle of June. Other insiders, including the CEO and President, have been selling over the last couple of months. Abdiel Capital responded last week by buying more than 300K shares of the stock.
The details of the transaction can be seen below:
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 | 6,134,603 | 0 | 6,134,603 | 6,134,603 | 24.8% |
| Abdiel Capital | 0 | 219,889 | 0 | 219,889 | 219,889 | 0.9% |
| Abdiel Capital Management | 0 | 6,354,492 | 0 | 6,354,492 | 6,354,492 | 25.7% |
| Abdiel Capital Advisors | 0 | 6,354,492 | 0 | 6,354,492 | 6,354,492 | 25.7% |
| Colin T. Moran | 0 | 6,354,492 | 0 | 6,354,492 | 6,354,492 | 25.7% |
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. 19)*
Appian
Corporation
(Name of Issuer)
Class A Common Stock, $0.0001 par value per share
(Title of Class of Securities)
03782L101
(CUSIP Number)
Abdiel Capital
90 Park Avenue, 29th Floor
New York, NY 10016
Attn:
Colin T. Moran
Tel: (646) 496-9202
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
October 4, 2018
(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 |
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).
