DUCA MAURICE J 4

Accession 0000938333-25-000002

CIK 0001433195other

View on SEC.gov Company Profile

Filed

Nov 5, 7:00 PM ET

Accepted

Nov 6, 6:33 PM ET

Size

28.1 KB

Accession

0000938333-25-000002

Insider Transaction Report

Form 4

Period: 2025-11-04

APPFOLIO INCAPPF

DUCA MAURICE J

10% Owner

Transactions

Conversion
Class A Common Stock
2025-11-04+5,000→ 44,000 total(indirect: By Trust)
Conversion
Class A Common Stock
2025-11-04+118,124→ 153,500 total(indirect: By Trust)
Conversion
Class B Common Stock
2025-11-04−40,210→ 3,471,416 total
Exercise: $0.00→ Class A Common Stock (40,210 underlying)
Conversion
Class B Common Stock
2025-11-04−5,000→ 79,442 total(indirect: By Trust)
Exercise: $0.00→ Class A Common Stock (5,000 underlying)
Conversion
Class B Common Stock
2025-11-04−118,124→ 2,382,136 total(indirect: By Trust)
Exercise: $0.00→ Class A Common Stock (118,124 underlying)
Conversion
Class A Common Stock
2025-11-04+40,210→ 96,005 total

Holdings

Class A Common Stock
(indirect: By LLC)
142,857
Class A Common Stock
(indirect: By LLC)
9,805
Class B Common Stock
(indirect: By Trust)
Exercise: $0.00→ Class A Common Stock
7,022
Class A Common Stock
(indirect: By LLC)
26,667
Class B Common Stock
(indirect: By LLC)
Exercise: $0.00→ Class A Common Stock
26,666
Class B Common Stock
(indirect: By LLC)
Exercise: $0.00→ Class A Common Stock
142,858
Class B Common Stock
(indirect: By LLC)
Exercise: $0.00→ Class A Common Stock
4,995

Footnotes (14)

[F1]The Reporting Person acquired these 40,210 shares of Class A Common Stock ("Class A Shares") by converting a like number of shares of Class B Common Stock ("Class B Shares") that were owned by the Reporting Person.
[F10]These Class B Shares are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class B Shares. However, the Reporting Person does not possess any pecuniary interest in these Class B Shares.
[F11]These Class B Shares are owned by IGSB Cardinal I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class B Shares. However, the Reporting Person disclaims beneficial ownership in these Class B Shares, except to the extent of any pecuniary interest he may have therein.
[F12]These Class B Shares are owned by IGSB Gaucho Fund I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class B Shares. However, the Reporting Person disclaims beneficial ownership in these Class B Shares, except to the extent of any pecuniary interest he may have therein.
[F13]These Class B Shares are owned by IGSB Cardinal Core BV, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class B Shares, but he disclaims beneficial ownership over the Class B Shares, except to the extent of any pecuniary interest he may have therein.
[F14]These Class B Shares are held by a trust of which the Reporting Person is a co-trustee and, in that capacity, he may be deemed to share voting and dispositive power over these Class B Shares with the other trustee. However, the Reporting Person does not have a pecuniary interest in, and he disclaims beneficial ownership of, these Class B Shares.
[F2]The Reporting Person acquired these 5,000 Class A Shares by converting a like number of Class B Shares that were owned by the Reporting Person.
[F3]The Reporting Person acquired these 118,124 Class A Shares by converting a like number of Class B Shares that were owned by the Reporting Person.
[F4]These Class A Shares are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares.
[F5]These Class A Shares are owned by IGSB Cardinal I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares. However, the Reporting Person disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
[F6]These Class A Shares are owned by IGSB Gaucho Fund I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares. However, the Reporting Person disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
[F7]These Class A Shares are owned by IGSB Cardinal Core BV, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares, but he disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
[F8]Each Class B Share is convertible, at any time at the option of the holder, into one Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one share-for-one share 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 AppFolio's Amended and Restated Certificate of Incorporation).
[F9](Continued from Footnote 8) AppFolio'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 share-for-one share basis, on the date when the number of the Company's outstanding Class B Shares represents less than 10% of the sum of AppFolio's outstanding Class A Shares and Class B Shares.

Documents

1 file

4
form4-11062025_111103.xmlPrimary

Issuer

APPFOLIO INC

CIK 0001433195

→

Entity typeother

Related Parties

filerCIK 0000938333

Filing Metadata

Form type: 4
Filed: Nov 5, 7:00 PM ET
Accepted: Nov 6, 6:33 PM ET
Size: 28.1 KB

View on SEC.gov