Filing Details

Accession Number:
0001433195-24-000043
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-11 19:21:22
Reporting Period:
2024-03-07
Accepted Time:
2024-03-11 19:21:22
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
1643507 Andreas Blottnitz Von 70 Castilian Drive
Santa Barbara CA 93117
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-03-07 4,500 $0.00 9,949 No 4 C Direct
Class A Common Stock Disposition 2024-03-07 863 $225.37 9,086 No 4 S Direct
Class A Common Stock Disposition 2024-03-07 2,799 $226.63 6,287 No 4 S Direct
Class A Common Stock Disposition 2024-03-07 738 $227.47 5,549 No 4 S Direct
Class A Common Stock Disposition 2024-03-07 100 $228.35 5,449 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2024-03-07 4,500 $0.00 4,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
45,500 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 12,500 12,500 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
12,500 12,500 Indirect
Footnotes
  1. These shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of an equal number of shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been beneficially owned by the Reporting Person.
  2. This transaction was executed in multiple trades with sales prices ranging from $225.030 to $226.029. 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.
  3. This transaction was executed in multiple trades with sales prices ranging from $226.310 to $227.309. 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.
  4. This transaction was executed in multiple trades with sales prices ranging from $227.320 to $228.319. 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.
  5. This transaction was executed in multiple trades with sales prices ranging from $228.35 to $229.349. 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.
  6. Each Class B Share is convertible, at any time at the option of the holder, into one Class A Share. In addition, each Class B Share will convert automatically into one Class A Share upon any transfer, except for any transfers (i) by a partnership or limited liability company that was a registered holder of Class B Shares to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The Class B Shares have no expiration date.
  7. All of the outstanding Class B Shares will convert automatically into Class A Shares, on a one share for one share basis, on the date when the number of the outstanding Class B Shares represent less than 10% of the sum of the outstanding Class A Shares and Class B Shares.
  8. The reported securities, which were previously reported as indirectly owned by the Reporting Person through his spouse, were transferred to, and are now held directly by the Reporting Person.