von Blottnitz Andreas 4
4 · APPFOLIO INC · Filed Mar 11, 2024
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
von Blottnitz Andreas
Director
Transactions
- Sale
Class A Common Stock
2024-03-07$225.37/sh−863$194,494→ 9,086 total - Sale
Class A Common Stock
2024-03-07$226.63/sh−2,799$634,337→ 6,287 total - Sale
Class A Common Stock
2024-03-07$227.47/sh−738$167,873→ 5,549 total - Sale
Class A Common Stock
2024-03-07$228.35/sh−100$22,835→ 5,449 total - Conversion
Class A Common Stock
2024-03-07+4,500→ 9,949 total - Conversion
Class B Common Stock
2024-03-07−4,500→ 45,500 totalExercise: $0.00→ Class A Common Stock (4,500 underlying)
Holdings
- 12,500(indirect: By Spouse)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (12,500 underlying)
Footnotes (8)
- [F1]These shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of an equal number of shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been beneficially owned by the Reporting Person.
- [F2]This transaction was executed in multiple trades with sales prices ranging from $225.030 to $226.029. 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]This transaction was executed in multiple trades with sales prices ranging from $226.310 to $227.309. 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.
- [F4]This transaction was executed in multiple trades with sales prices ranging from $227.320 to $228.319. 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.
- [F5]This transaction was executed in multiple trades with sales prices ranging from $228.35 to $229.349. 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.
- [F6]Each Class B Share is convertible, at any time at the option of the holder, into one Class A Share. In addition, each Class B Share will convert automatically into one Class A Share upon any transfer, except for any transfers (i) by a partnership or limited liability company that was a registered holder of Class B Shares 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 Class B Shares have no expiration date.
- [F7]All of the outstanding Class B Shares will convert automatically into Class A Shares, on a one share for one share basis, on the date when the number of the outstanding Class B Shares represent less than 10% of the sum of the outstanding Class A Shares and Class B Shares.
- [F8]The reported securities, which were previously reported as indirectly owned by the Reporting Person through his spouse, were transferred to, and are now held directly by the Reporting Person.