Form 4 for APPN APPIAN CORP
Accepted 2021-11-09 00:00:00 ET · period of report 2021-11-05 · accession 0001441683-21-000087 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-09 | 2021-11-08 | APPN | Kramer Robert Charles | General Manager, Dir | C - Cnv Deriv | $0.00 | +1,120 | 9,120 | +14% | $0 |
| DM | 2021-11-09 | 2021-11-08 | APPN | Kramer Robert Charles | General Manager, Dir | S - Sale+OE | $96.85 | -3,050 | 119.1K | -2% | -$295.4K |
| D | 2021-11-09 | 2021-11-05 | APPN | Kramer Robert Charles | General Manager, Dir | M - OptEx | $0.00 | +10.0K | 119.2K | +9% | $0 |
| D | 2021-11-09 | 2021-11-05 | APPN | Kramer Robert Charles | General Manager, Dir | M - OptEx | $0.00 | -10.0K | 10.0K | -50% | $0 |
| DI | 2021-11-09 | 2021-11-08 | APPN | Kramer Robert Charles | General Manager, Dir | C - Cnv Deriv | $0.00 | -1,120 | 2.21M | -0.1% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-08 | C | A | 1,120 | $0.00 | 9,120 | I | — | — | (F11) (continued from Footnote (10)) (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. (F10) 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 (11)) (F12) Includes 8,000 Class A shares previously reported as held directly by the Reporting Person. |
| 2 | Common | Class A Common Stock | 2021-11-08 | S | D | 35 | $93.96 | 116,175 | D | — | — | |
| 3 | Common | Class A Common Stock | 2021-11-08 | S | D | 110 | $98.20 | 116,210 | D | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.15 to $98.26, inclusive. |
| 4 | Common | Class A Common Stock | 2021-11-08 | S | D | 1,635 | $97.71 | 116,320 | D | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.15 to $98.12, inclusive. |
| 5 | Common | Class A Common Stock | 2021-11-08 | S | D | 525 | $96.70 | 117,955 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.14 to $97.12, inclusive. |
| 6 | Common | Class A Common Stock | 2021-11-08 | S | D | 572 | $95.72 | 118,480 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.14 to $96.13, inclusive. |
| 7 | Common | Class A Common Stock | 2021-11-08 | S | D | 173 | $92.60 | 119,052 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.49 to $92.87, 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 (4) - (8). |
| 8 | Common | Class A Common Stock | 2021-11-05 | M | A | 10,000 | $0.00 | 119,225 | D See Footnote | — | — | (F1) Restricted Stock Unit ("RSU") vesting date. (F2) Each RSU converts into Class A Common Stock on a one-for-one basis. (F13) The reported securities are owned directly by The Robert C. Kramer Trust (the "Trust"). The Reporting Person is the sole trustee and beneficiary of the Trust. |
| 9 | Derivative | Restricted Stock Unit | 2021-11-05 | M | D | 10,000 | $0.00 | 10,000 | D See Footnote | — · — to — | 10,000 Class A Common Stock | (F1) Restricted Stock Unit ("RSU") vesting date. (F13) The reported securities are owned directly by The Robert C. Kramer Trust (the "Trust"). The Reporting Person is the sole trustee and beneficiary of the Trust. (F14) 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). (F15) 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. |
| 10 | Derivative | Class B Common Stock | 2021-11-08 | C | D | 1,120 | $0.00 | 2,213,478 | I | — · — to — | 1,120 Class A Common Stock | (F11) (continued from Footnote (10)) (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. (F10) 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 (11)) |