Filing Details
- Accession Number:
- 0001433195-20-000073
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-27 19:59:07
- Reporting Period:
- 2020-08-25
- Accepted Time:
- 2020-08-27 19:59:07
- 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 | 2020-08-25 | 9,385 | $0.00 | 9,385 | No | 4 | C | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-25 | 6,389 | $170.36 | 2,996 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-25 | 2,996 | $171.33 | 0 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Acquisiton | 2020-08-26 | 5,125 | $0.00 | 5,125 | No | 4 | C | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-26 | 466 | $172.86 | 4,659 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-26 | 632 | $174.13 | 4,027 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-26 | 2,585 | $174.94 | 1,442 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-26 | 1,435 | $175.86 | 7 | No | 4 | S | Indirect | By 1206 Family Trust |
| Class A Common Stock | Disposition | 2020-08-26 | 7 | $176.70 | 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 | 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 |
| 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 | 2020-08-25 | 9,385 | $0.00 | 9,385 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2020-08-26 | 5,125 | $0.00 | 5,125 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,579,710 | No | 4 | C | Indirect | ||
| 4,574,585 | No | 4 | C | Indirect |
Footnotes
- Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.
- These shares were sold pursuant to a Rule 10b5-1 Plan previously adopted by Mr. Schauser.
- This transaction was executed in multiple trades with sales prices ranging from $170.00 to $170.97. 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 $171.02 to $171.81. 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 $172.33 to $173.29. 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 $173.35 to $174.33. 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 $174.46 to $175.40. 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 $175.51 to $176.45. 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 $176.61 to $176.71. 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 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.
- 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.
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