SEC Form 4 · accession 0001441683-18-000133
APPIAN CORP · APPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Winters
Officer — General Counsel
Period of report
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001441683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Nov 6, 2018 | M | 10,000 | $0.00 | A | 10,000 | D | |
| Class A Common StockF3 | Nov 6, 2018 | S | 3,100 | $27.07 | D | 6,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | — | Nov 6, 2018 | M | 10,000 | D | — | — | Class A Common Stock | 10,000 | 40,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") converts into Class A Common Stock on a one-for-one basis.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 7, 2018, as amended, solely to cover taxes, commissions and fees due upon vesting.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.97 to $27.21, 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 this footnote (3).
- F4Each 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).
- F5The RSUs were granted on October 25, 2017 and vest in five (5) equal annual installments commencing on November 6, 2018, provided that the Reporting Person has provided continuous service to the Issuer through such vesting date.