APPFOLIO INC 4
4 · APPFOLIO INC · Filed May 19, 2017
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Randall Jason Robert
SVP, AppFolio Property Manager
Transactions
- Award
Employee Stock Option (Right to Buy)
2017-05-18+20,000→ 20,000 totalExercise: $27.95Exp: 2017-05-17→ Class A Common Stock (20,000 underlying)
Footnotes (2)
- [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 pre-established "adjusted gross margin" targets for fiscal year 2019. 50% of the options will vest based on the achievement of a specified targeted amount, and the remaining 50% will vest based on the achievement of a specified higher amount.