von Blottnitz Andreas 4
4 · APPFOLIO INC · Filed Jun 29, 2022
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
von Blottnitz Andreas
Director
Transactions
- Award
Class A Common Stock
2022-06-27+1,557→ 4,528 total
Holdings
- 429,450(indirect: By Oceanlink Investments Limited)
Class B Common Stock
→ Class A Common Stock (429,450 underlying) - 62,500(indirect: By Spouse)
Class B Common Stock
→ Class A Common Stock (62,500 underlying)
Footnotes (5)
- [F1]The shares are granted pursuant to Issuer's 2015 Stock Incentive Plan and are subject to repurchase by the Issuer. The shares shall vest 100% on the first anniversary of the date of grant.
- [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 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.
- [F4]Oceanlink Investments Limited is managed by a board of directors that currently possesses sole voting and dispositive power with respect to these shares. Oceanlink Trust, of which Mr. von Blottnitz is a trustee and beneficiary, holds all of the equity interests of Oceanlink Investments Limited. Mr. von Blottnitz possesses shared power to revoke Oceanlink Trust.
- [F5]The reported securities, which were previously reported as indirectly owned by Mr. von Blottnitz through Oceanlink Investments Limited, were transferred to, and are now held by, Mr. von Blottnitz' spouse.