4//SEC Filing
APPFOLIO INC 4
Accession 0001433195-17-000017
$APPFCIK 0001433195operating
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 8:03 PM ET
Size
6.2 KB
Accession
0001433195-17-000017
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Randall Jason Robert
SVP, AppFolio Property Manager
Transactions
- Award
Employee Stock Option (Right to Buy)
2017-02-24$23.80/sh+66,000$1,570,800→ 66,000 totalExercise: $23.80Exp: 2027-02-23→ Class A Common Stock (66,000 underlying)
Footnotes (3)
- [F1]The options were granted pursuant to the Issuer's 2015 Stock Incentive Plan.
- [F2]The options vest based upon the Issuer's achievement relative to a pre-established target relating to free cash flow for fiscal year 2019. The Issuer's actual performance relative to the targeted amount will be determined by the Compensation Committee by reference to the Issuer's 2019 financial statements.
- [F3]The reported amount of shares assumes achievement at the maximum level for the performance option grant. For performance at 165% of the targeted amount, 100% of these performance options will vest. For performance at 100% of the targeted amount, approximately 61% of these performance options will vest. For performance below 80% of the targeted amount, no performance options will vest. For performance between 80% and 165% of the targeted amount, the vesting percentage will be determined by reference to a sliding vesting scale approved by the Compensation Committee.
Documents
Issuer
APPFOLIO INC
CIK 0001433195
Entity typeoperating
Related Parties
1- filerCIK 0001433195
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 8:03 PM ET
- Size
- 6.2 KB