Filing Details

Accession Number:
0001433195-20-000052
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-22 19:56:14
Reporting Period:
2020-07-20
Accepted Time:
2020-07-22 19:56:14
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-07-20 15,798 $0.00 15,798 No 4 C Indirect By 1206 Family Trust
Class A Common Stock Disposition 2020-07-20 1,300 $150.53 14,498 No 4 S Indirect By 1206 Family Trust
Class A Common Stock Disposition 2020-07-20 2,477 $151.74 12,021 No 4 S Indirect By 1206 Family Trust
Class A Common Stock Disposition 2020-07-20 9,135 $152.91 2,886 No 4 S Indirect By 1206 Family Trust
Class A Common Stock Disposition 2020-07-20 2,886 $153.62 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
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 2020-07-20 15,798 $0.00 15,798 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,604,585 No 4 C Indirect
Footnotes
  1. Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.
  2. These shares were sold pursuant to a Rule 10b5-1 Plan previously adopted by Mr. Schauser.
  3. This transaction was executed in multiple trades with sales prices ranging from $150.13 to $150.89. 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 $151.24 to $152.21. 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 $152.31 to $153.30. 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. This transaction was executed in multiple trades with sales prices ranging from $153.31 to $154.27. 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.
  7. 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.
  8. 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.