Home > Insider Trading > Filing (0001433195-20-000046)

Filing Details

Accession Number:: 0001433195-20-000046
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-07-15 20:07:16
Reporting Period:: 2020-07-13

Accepted Time:: 2020-07-15 20:07:16
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1433195	Appfolio Inc	APPF	Services-Prepackaged Software (7372)	260359894

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1643445	Klaus Schauser	50 Castilian Drive Santa Barbara CA 93117		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2020-07-13	37,753	$0.00	37,753	No	4	C	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	5,844	$150.41	31,909	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	3,110	$151.33	28,799	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	1,395	$152.52	27,404	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	3,686	$153.44	23,718	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	4,822	$154.63	18,896	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	5,339	$155.79	13,557	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	7,835	$156.59	5,722	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	2,528	$157.64	3,194	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	2,109	$158.73	1,085	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	885	$159.96	200	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-13	200	$161.58	0	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Acquisiton	2020-07-14	5,749	$0.00	5,749	No	4	C	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-14	5,749	$150.24	0	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Acquisiton	2020-07-15	700	$0.00	700	No	4	C	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-15	580	$150.15	120	No	4	S	Indirect	By 1206 Family Trust
Class A Common Stock	Disposition	2020-07-15	120	$151.58	0	No	4	S	Indirect	By 1206 Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	C	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	C	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust
No	4	S	Indirect	By 1206 Family Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2020-07-13	37,753	$0.00	37,753	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-07-14	5,749	$0.00	5,749	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2020-07-15	700	$0.00	700	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,626,832	No	4	C	Indirect
4,621,083	No	4	C	Indirect
4,620,383	No	4	C	Indirect

Footnotes

Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.
These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Schauser on or around June 8, 2020.
This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.94. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $151.00 to $151.93. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $152.00 to $152.87. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $153.02 to $153.93. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $154.15 to $155.10. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $155.18 to $156.17. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $156.18 to $157.14. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $157.18 to $158.14. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $158.20 to $159.19. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $159.39 to $160.38. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $161.43 to $161.59. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.69. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.57. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
This transaction was executed in multiple trades with sales prices ranging from $151.00 to $151.69. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
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. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer that occurs after the consummation of the IPO, except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) a transfer to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The shares of Class B Common Stock have no expiration date.
All outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share for one share basis, on the date when the number of the Issuer's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock.