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Filing Details

Accession Number:: 0001433195-21-000085
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-09 20:17:01
Reporting Period:: 2021-09-07

Accepted Time:: 2021-09-09 20:17:01
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
1643523	Jonathan Walker	50 Castilian Drive Santa Barbara CA 93117	Chief Technology Officer	No	Yes	No	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	2021-09-07	8,000	$0.00	23,674	No	4	C	Indirect	By Trust
Class A Common Stock	Disposition	2021-09-07	6,600	$121.57	17,074	No	4	S	Indirect	By Trust
Class A Common Stock	Disposition	2021-09-07	1,400	$122.58	15,674	No	4	S	Indirect	By Trust
Class A Common Stock	Acquisiton	2021-09-08	2,500	$0.00	2,500	No	4	C	Direct
Class A Common Stock	Disposition	2021-09-08	2,500	$121.40	0	No	4	S	Direct

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

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	2021-09-07	8,000	$0.00	8,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-09-08	2,500	$0.00	2,500	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
571,802			No	4	C	Indirect
7,194			No	4	C	Direct

Footnotes

This transaction was executed in multiple trades with sales prices ranging from $121.19 to $122.15. 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 $122.19 to $122.88. 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 $121.00 to $121.76. 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, except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock 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 of the 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 Company'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.