Filing Details

Accession Number:
0000899243-22-034455
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-10-28 18:20:53
Reporting Period:
2022-10-26
Accepted Time:
2022-10-28 18:20:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1433195 Appfolio Inc APPF () 1231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938333 J Maurice Duca C/O Igsb, Inc.
1485 E. Valley Road, Suite H
Santa Barbara CA 93108
No 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 Disposition 2022-10-26 600 $105.05 59,383 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 194,037 Indirect By Pension Trust
Class A Common Stock 9,805 Indirect By IGSB Cardinal Core BV, LLC
Class A Common Stock 34,753 Indirect By Private Foundation
Footnotes
  1. Sales made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 15, 2022.
  2. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $105.00 to $105.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The Reporting Person is sole trustee of the pension trust and, in that capacity, possesses sole voting and sole dispositive power over these shares of Class A Common Stock ("Class A Shares"); however, the Reporting Person does not have and disclaims any pecuniary interest in these Class A Shares.
  4. The Reporting Person is the managing member of IGSB Cardinal Core BV, LLC and, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, he disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
  5. These Class A Shares are owned by a private foundation, of which the Reporting Person is the president and one of five members of its board of directors. The Reporting Person does not have any pecuniary interest in these Class A Shares. He also disclaims beneficial ownership of these Class A Shares because decisions with respect to the voting and disposition of these shares are subject to the oversight of, and the approval of not less than three of, the foundation's five-member board of directors.