Sec Form 4 Filing - Biddle Albert G.W. III @ APPIAN CORP - 2018-07-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Biddle Albert G.W. III
2. Issuer Name and Ticker or Trading Symbol
APPIAN CORP [ APPN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
11955 DEMOCRACY DRIVE, SUITE 1700
3. Date of Earliest Transaction (MM/DD/YY)
07/01/2018
(Street)
RESTON, VA20190
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/01/2018 C( 1 ) 360,360 A 360,360 I See Footnote ( 4 )
Class A Common Stock 07/01/2018 J( 5 ) 360,360 D $ 0 0 I See Footnote ( 4 )
Class A Common Stock 07/01/2018 C( 1 ) 2,371,242 A 2,371,242 I See Footnote ( 6 )
Class A Common Stock 07/01/2018 J( 7 ) 2,371,242 D $ 0 0 I See Footnote ( 6 )
Class A Common Stock 07/01/2018 A( 8 ) 483 A $ 0 4,397 D
Class A Common Stock 2,792 I See Footnote ( 9 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 C( 1 ) 360,360 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 360,360 $ 0 964,546 I See Footnote ( 4 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 5 ) 263,640 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 263,640 $ 0 700,906 I See Footnote ( 4 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 5 ) 94,380 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 94,380 $ 0 149,181 I See Footnote ( 9 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 5 ) 12,480 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 12,480 $ 0 19,727 I See Footnote ( 10 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 5 ) 12,480 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 12,480 $ 0 19,727 I See Footnote ( 11 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 5 ) 12,480 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 12,480 $ 0 19,727 I See Footnote ( 12 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 C( 1 ) 2,371,242 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 2,371,242 $ 0 4,052,066 I See Footnote ( 6 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 7 ) 4,758 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 4,758 $ 0 4,047,308 I See Footnote ( 6 )
Class B Common Stock ( 2 ) ( 3 ) 07/01/2018 J( 7 ) 2,115 ( 2 )( 3 ) ( 2 )( 3 ) Class A Common Stock 2,115 $ 0 151,296 I See Footnote ( 9 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Biddle Albert G.W. III
11955 DEMOCRACY DRIVE
SUITE 1700
RESTON, VA20190
X X
Signatures
/s/ Lauren Ackermann, Attorney-in-Fact 07/03/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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))
( 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.
( 4 )The reported securities are owned directly by Novak Biddle Company V, LLC ("NBCV"). The Reporting Person and E. Rogers Novak, Jr. (collectively, the "Managing Members") are the managing members of NBCV. The Managing Members disclaim beneficial ownership of all the shares owned by the NBCV and this report shall not be deemed an admission that they are the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of their pecuniary interests therein.
( 5 )Represents a pro rata distribution without additional consideration by NBCV to its partners.
( 6 )The reported securities are owned directly by Novak Biddle Venture Partners V, L.P. ("NBVPV"). NBCV is the general partner of NBVPV and the Managing Members are the managing members of NBCV. Each of NBCV and the Managing Members disclaim beneficial ownership of all the shares owned by the NBVPV and this report shall not be deemed an admission that either is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of their pecuniary interests therein.
( 7 )Represents a pro rata distribution without additional consideration by NBVPV to its limited partners.
( 8 )These shares were granted under the Issuer's 2017 Equity Incentive Plan pursuant to the Issuer's Non-Employee Director Compensation Policy approved by the Board of Directors on May 10, 2017.
( 9 )The reported securities are owned directly by Jack Biddle, Inc. ("JBI"). The Reporting Person is the president of JBI.
( 10 )The reported securities are owned directly by Southgate Partner I ("SPI"), a family trust established for the benefit of the Reporting Person's child. The Reporting Person is the trustee of SPI.
( 11 )The reported securities are owned directly by Southgate Partner II ("SPII"), a family trust established for the benefit of the Reporting Person's child. The Reporting Person is the trustee of SPII.
( 12 )The reported securities are owned directly by Southgate Partners III ("SPIII"), a family trust established for the benefit of the Reporting Person's child. The Reporting Person is the trustee of SPIII.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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