4//SEC Filing
Randall Jason Robert 4
Accession 0001433195-19-000063
CIK 0001433195other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:02 PM ET
Size
10.2 KB
Accession
0001433195-19-000063
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Randall Jason Robert
SVP, AppFolio Property Manager
Transactions
- Conversion
Class A Common Stock
2019-10-01+15,690→ 15,690 total(indirect: By Trust) - Sale
Class A Common Stock
2019-10-01$95.16/sh−15,690$1,493,107→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2019-10-01−15,690→ 24,310 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (15,690 underlying)
Footnotes (5)
- [F1]These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Randall on or around July 31, 2019.
- [F2]This transaction was executed in multiple trades with sales prices ranging from $95.00 to $95.72. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.
- [F3]All of the outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share-for-one share basis, on the date when the number of the Company's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock.
- [F4]Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for any transfers (i) by a partnership or limited liability company that was a registered holder of shares of Class B Common Stock to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The shares of Class B Common Stock have no expiration date.
- [F5]The shares of Class B Common reported on the table above are held by the Jason R Randall & Christina L Walman Revocable Trust Dated 06/01/17 of which Mr. Randall is a Trustee.
Documents
Issuer
APPFOLIO INC
CIK 0001433195
Entity typeother
Related Parties
1- filerCIK 0001671594
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:02 PM ET
- Size
- 10.2 KB