Filing Details

Accession Number:
0001441683-20-000121
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-10 16:13:17
Reporting Period:
2020-11-06
Accepted Time:
2020-11-10 16:13:17
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
1707249 Charles Robert Kramer C/O Appian Corporation
7950 Jones Branch Drive
Mclean VA 22102
General Manager Yes 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 2020-11-06 10,000 $0.00 42,391 No 4 M Direct
Class A Common Stock Disposition 2020-11-06 692 $80.05 41,699 No 4 S Direct
Class A Common Stock Disposition 2020-11-06 1,400 $80.85 40,299 No 4 S Direct
Class A Common Stock Disposition 2020-11-06 600 $81.69 39,699 No 4 S Direct
Class A Common Stock Disposition 2020-11-06 1,048 $81.99 38,651 No 4 S Direct
Class A Common Stock Disposition 2020-11-06 35 $84.50 38,616 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Unit Disposition 2020-11-06 10,000 $0.00 10,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 2,304,598 2,304,598 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2,304,598 2,304,598 Indirect
Footnotes
  1. Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2020.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.53 to $80.51, inclusive. The Reporting Person undertakes to provide to the 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 footnotes (3) - (6).
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.55 to $81.21, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.65 to $81.74, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.79 to $82.10, inclusive.
  7. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock (or its cash equivalent, at the discretion of the Issuer).
  8. The RSUs were granted on October 25, 2017 and vest in five (5) equal annual installments commencing on November 5, 2018, provided that the Reporting Person has provided continuous service to the Issuer through the vesting date.
  9. 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 (8))
  10. (continued from Footnote (7)) (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.
  11. The reported securities are owned directly by the Robert C. Kramer Revocable Trust (the "Trust"). The Reporting Person is the sole trustee and beneficiary of the Trust.