4//SEC Filing
Randall Jason Robert 4
Accession 0001433195-21-000117
CIK 0001433195other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 7:35 PM ET
Size
386.2 KB
Accession
0001433195-21-000117
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Randall Jason Robert
SVP, AppFolio Property Manager
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-12-17−8,203→ 29,297 totalExercise: $4.92From: 2015-12-03Exp: 2024-12-02→ Class B Common Stock (8,203 underlying) - Exercise/Conversion
Class B Common Stock
2021-12-17+8,203→ 8,203 totalExercise: $0.00→ Class A Common Stock (8,203 underlying) - Sale
Class A Common Stock
2021-12-21$121.92/sh−8,203$1,000,110→ 0 total - Conversion
Class B Common Stock
2021-12-17−8,203→ 0 totalExercise: $0.00→ Class A Common Stock (8,203 underlying) - Conversion
Class A Common Stock
2021-12-17+8,203→ 8,203 total
Holdings
- 20,000(indirect: By Trust)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (20,000 underlying)
Footnotes (4)
- [F1]These shares were sold in a privately negotiated transaction with certain existing stockholders and did not involve any open market transaction.
- [F2]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.
- [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]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.
Issuer
APPFOLIO INC
CIK 0001433195
Entity typeother
Related Parties
1- filerCIK 0001671594
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 7:35 PM ET
- Size
- 386.2 KB