Walker Jonathan 4
4 · APPFOLIO INC · Filed Jan 31, 2022
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Walker Jonathan
DirectorChief Technology Officer
Transactions
- Conversion
Class A Common Stock
2022-01-27+571,802→ 594,280 total(indirect: By Trust) - Conversion
Class B Common Stock
2022-01-27−571,802→ 0 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (571,802 underlying)
Holdings
- 22,022
Class A Common Stock
- 7,194
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (7,194 underlying)
Footnotes (2)
- [F1]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.
- [F2]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 Issuer'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.