Appian Corporation (NASDAQ: APPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 9.01 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 7, 2018, Appian Corporation (the “Company”) entered into a Stock Option Cancellation Agreement (the “Cancellation Agreement”) with Matthew Calkins, the Company’s Chief Executive Officer, to which the Company and Mr. Calkins agreed to cancel vested options to purchase 383,897 shares of the Company’s common stock that were granted to Mr. Calkins under the Nonstatutory Option Agreement dated as of August 12, 2016 between the Company and Mr. Calkins (the “Option Agreement”). The remaining options granted to Mr. Calkins under the Option Agreement were unaffected by the Cancellation Agreement.
Mr. Calkins entered into the arrangement with the Company in order to have equity granted to his co-founders, Messrs. Beckley, Kramer and Wilson, under the Company’s 2017 Equity Incentive Plan.
The foregoing description of the terms of the Cancellation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Cancellation Agreement, a copy of which is attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
APPIAN CORP ExhibitEX-10.1 2 exhibit101mattcalkinscancel.htm EXHIBIT 10.1 Exhibit Exhibit 10.1STOCK OPTION CANCELLATION AGREEMENTThis Stock Option Cancellation Agreement (hereinafter “Agreement”),…To view the full exhibit click