0001441683-18-000066.txt : 20180509
0001441683-18-000066.hdr.sgml : 20180509
20180509150457
ACCESSION NUMBER: 0001441683-18-000066
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180508
FILED AS OF DATE: 20180509
DATE AS OF CHANGE: 20180509
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hughes Edward L
CENTRAL INDEX KEY: 0001354675
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38098
FILM NUMBER: 18817904
MAIL ADDRESS:
STREET 1: PEGASYSTEMS INC.
STREET 2: 101 MAIN STREET
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: APPIAN CORP
CENTRAL INDEX KEY: 0001441683
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 541956084
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11955 DEMOCRACY DRIVE
STREET 2: SUITE 1700
CITY: RESTON
STATE: VA
ZIP: 20190
BUSINESS PHONE: 703-442-8844
MAIL ADDRESS:
STREET 1: 11955 DEMOCRACY DRIVE
STREET 2: SUITE 1700
CITY: RESTON
STATE: VA
ZIP: 20190
4
1
wf-form4_152589262775690.xml
FORM 4
X0306
4
2018-05-08
0
0001441683
APPIAN CORP
APPN
0001354675
Hughes Edward L
C/O APPIAN CORPORATION
11955 DEMOCRACY DRIVE, SUITE 1700
RESTON
VA
20190
0
1
0
0
Senior VP, Worldwide Sales
Class A Common Stock
2018-05-08
4
C
0
20000
A
132359
D
Class A Common Stock
2018-05-08
4
S
0
20000
26.17
D
112359
D
Employee Stock Option (Right to Buy)
0.89
2018-05-08
4
M
0
20000
0
D
2019-09-08
Class B Common Stock
20000.0
181707
D
Class B Common Stock
2018-05-08
4
M
0
20000
0.89
A
Class A Common Stock
20000.0
20000
D
Class B Common Stock
2018-05-08
4
C
0
20000
0
D
Class A Common Stock
20000.0
0
D
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 February 27, 2018.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.60 to $26.64, inclusive. The Reporting Person undertakes to provide to Appian Corporation, any security holder of Appian Corporation, 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 (5).
Fully vested.
/s/ Lauren Ackermann, Attorney-in-Fact
2018-05-09