Home > Insider Trading > Filing (0000899243-21-041362)

Filing Details

Accession Number:: 0000899243-21-041362
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-10-22 20:05:08
Reporting Period:: 2021-10-20

Accepted Time:: 2021-10-22 20:05:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1433195	Appfolio Inc	APPF	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1213191	Iii R William Rauth	C/O Igsb, Inc. 1485 E. Valley Road, Suite H Santa Barbara CA 93108		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2021-10-20	72,859	$130.87	0	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-10-20	16,192	$130.87	16,192	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	16,192	$130.87	16,192	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	16,193	$130.87	16,193	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	2,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	6,698	No	4	P	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-10-20	2,698	$130.87	6,698	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	4,000	Indirect	See Footnote
Class A Common Stock	13,072	Indirect	By IGSB IVP III, LLC

Footnotes

On October 20, 2021, the Reporting Person sold these 72,859 Class A Shares, at a price of $130.87 per share, to irrevocable trusts previously established for his children and grandchildren in the respective numbers of Shares set forth below in this Form 4.
These Class A Shares were purchased from the Reporting Person and are owned by an irrevocable trust established for one of the Reporting Person's children. The Reporting Person's spouse is the sole trustee of the trust. As a result, per a rule of the Securities and Exchange Commission (the "SEC"), the Reporting Person may be deemed to share, with his spouse, voting and dispositive power over the Class A Shares. However, the Reporting Person and his spouse disclaim any pecuniary interest in these Class A Shares.
These Class A Shares were purchased from the Reporting Person and are owned by an irrevocable trust established for another of the Reporting Person's children. The Reporting Person's spouse is the sole trustee of the trust. As a result, per SEC rule, the Reporting Person may be deemed to share, with his spouse, voting and dispositive power over these Class A Shares. However, the Reporting Person and his spouse disclaim any pecuniary interest in these Class A Shares.
These Class A Shares were purchased from the Reporting Person and are owned by an irrevocable trust established for one of the Reporting Person's grandchildren. The Reporting Person's spouse is the sole trustee of the trust. As a result, per SEC rule, the Reporting Person may be deemed to share, with his spouse, voting and dispositive power over these Class A Shares. However, the Reporting Person and his spouse disclaim any pecuniary interest in these Class A Shares.
These Class A Shares were purchased from the Reporting Person and are owned by an irrevocable trust established for another of the Reporting Person's grandchildren. The Reporting Person's spouse has become the sole trustee of the trust. As a result, per SEC rule, the Reporting Person may be deemed to share, with his spouse, voting and dispositive power over these Class A Shares. However, the Reporting Person and his spouse disclaim any pecuniary interest in these Class A Shares.
These Class A Shares are owned by an irrevocable trust established for another of the Reporting Person's grandchildren. The Reporting Person's spouse has become the sole trustee of the trust. As a result, per SEC rule, the Reporting Person may be deemed to share, with his spouse, voting and dispositive power over these Class A Shares. However, the Reporting Person and his spouse disclaim any pecuniary interest in these Class A Shares.
These Class A Shares are owned by IGSB IVP III LLC, a private investment fund, which is managed by Investment Group of Santa Barbara LLC ("IGSB"). The Reporting Person is one of the members of IGSB and may be deemed to share voting and dispositive power with IGSB and its other members over these Class A Shares. However, the Reporting Person disclaims beneficial ownership of these Class A Shares, except to the extent of any pecuniary interest he may have therein.