Filing Details

Accession Number:
0000950170-24-063742
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-22 21:08:20
Reporting Period:
2024-05-20
Accepted Time:
2024-05-22 21:08:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1433195 Appfolio Inc APPF () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938332 K Timothy Bliss C/O Partners Fund
1485 E. Valley Road Suite F
Santa Barbara CA 93150
No 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 Disposition 2024-05-20 915 $242.38 9,839 No 4 S Direct
Class A Common Stock Disposition 2024-05-20 3,357 $243.23 6,482 No 4 S Direct
Class A Common Stock Disposition 2024-05-20 2,128 $244.14 4,354 No 4 S Direct
Class A Common Stock Disposition 2024-05-20 3,376 $242.38 36,279 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-20 12,379 $243.23 23,900 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-20 7,845 $244.14 16,055 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 3,202 $238.43 1,152 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 327 $239.29 825 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 174 $240.61 651 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 442 $241.70 209 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 145 $242.61 64 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 64 $243.55 0 No 4 S Direct
Class A Common Stock Disposition 2024-05-21 11,806 $238.43 4,249 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 1,207 $239.29 3,042 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 643 $240.61 2,399 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 1,630 $241.70 769 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 533 $242.61 236 No 4 S Indirect By Family Trust
Class A Common Stock Disposition 2024-05-21 236 $243.55 0 No 4 S Indirect By Family Trust
Class A Common Stock Acquisiton 2024-05-22 100,000 $0.00 100,000 No 4 C Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 S Indirect By Family Trust
No 4 C 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 2024-05-22 100,000 $0.00 0 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
417,290 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 0 446,000 Indirect
Class A Common Stock Class B Common Stock $0.00 0 40,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
0 446,000 Indirect
0 40,000 Indirect
Footnotes
  1. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.70 to $242.69, 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.
  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 $242.73 to $243.72, 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. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.73 to $244.65, 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.
  4. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.70 to $242.69, 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.
  5. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.73 to $243.72, 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.
  6. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.73 to $244.65, 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.
  7. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $238.01 to $238.98, 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.
  8. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $239.03 to $240.00, 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.
  9. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $240.17 to $240.82, 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.
  10. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.24 to $242.22, 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.
  11. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.27 to $243.03, 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.
  12. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.30 to $243.67, 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.
  13. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $238.01 to $238.98, 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.
  14. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $239.03 to $240.00, 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.
  15. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $240.17 to $240.82, 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.
  16. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.24 to $242.22, 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.
  17. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.27 to $243.03, 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.
  18. This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.30 to $243.67, 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.
  19. These 100,000 shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of 100,000 shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been owned by the Reporting Person.
  20. Each Class B Share is convertible, at any time at the option of the holder, into one share of the Issuer's Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one-for-one basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation).
  21. (Continued from Footnote 20) The Issuer's Class B Shares do not have an expiration date. However, all of the outstanding Class B Shares will convert automatically into Class A Shares, on a one-for-one basis, on the date when the number of the Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares.
  22. These Class B Shares are held in two limited partnerships, of which the Report Person acts as manager. The Reporting Person maintains sole voting and dispositive power over these Class B Shares. The Reporting Person disclaims any beneficial ownership over these shares except to the extent of his pecuniary interest therein.