Filing Details

Accession Number:
0001433195-19-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-10-08 17:14:37
Reporting Period:
2019-10-04
Accepted Time:
2019-10-08 17:14:37
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
1671594 Robert Jason Randall 50 Castilian Drive
Santa Barbara CA 93117
Chief Executive Officer Yes Yes 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 2019-10-04 4,310 $0.00 4,310 No 4 C Indirect By Trust
Class A Common Stock Disposition 2019-10-04 4,008 $95.41 302 No 4 S Indirect By Trust
Class A Common Stock Disposition 2019-10-04 302 $96.19 0 No 4 S Indirect By Trust
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
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 2019-10-04 4,310 $0.00 4,310 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 No 4 C Indirect
Footnotes
  1. These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Randall on or around July 31, 2019.
  2. This transaction was executed in multiple trades with sales prices ranging from $95.08 to $96.00. 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 $96.19 to $96.315. 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. 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.
  5. 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 (i) by 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) 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.
  6. The shares of Class B Common reported on the table above are held by the Jason R Randall & Christina L Walman Revocable Trust Dated 06/01/17 of which Mr. Randall is a Trustee.