4//SEC Filing
Calkins Matthew W 4
Accession 0001441683-24-000085
CIK 0001441683other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 5:23 PM ET
Size
12.7 KB
Accession
0001441683-24-000085
Insider Transaction Report
Form 4
APPIAN CORPAPPN
Calkins Matthew W
DirectorCEO and President10% Owner
Transactions
- Exercise/Conversion
Class B Common Stock
2024-10-01$9.46/sh+1,444,183$13,661,971→ 1,444,183 total→ Class A Common Stock (1,444,183 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2024-10-01−1,444,183→ 0 totalExercise: $9.46Exp: 2026-07-20→ Class B Common Stock (1,444,183 underlying) - Conversion
Class A Common Stock
2024-10-01+1,444,183→ 1,832,562 total - Conversion
Class B Common Stock
2024-10-01−1,444,183→ 0 total→ Class A Common Stock (1,444,183 underlying)
Footnotes (4)
- [F1]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))
- [F2](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.
- [F3]The option provided for vesting upon the occurrence of (a) a change of control in which the value per share of the Class A common stock is equal or greater than $28.38 and/or (b) the Class A common stock trades at or above $28.38 for a period equal to or greater than ninety (90) calendar days following the closing of the initial public offering. All of the options are fully vested.
- [F4]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.
Documents
Issuer
APPIAN CORP
CIK 0001441683
Entity typeother
Related Parties
1- filerCIK 0001309192
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 5:23 PM ET
- Size
- 12.7 KB