4//SEC Filing
Schauser Klaus 4
Accession 0001433195-24-000078
CIK 0001433195other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 5:16 PM ET
Size
8.1 KB
Accession
0001433195-24-000078
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
Schauser Klaus
10% Owner
Transactions
- Conversion
Class A Common Stock
2024-06-25+505,000→ 505,000 total(indirect: By Trust) - Conversion
Class B Common Stock
2024-06-25−505,000→ 2,869,585 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (505,000 underlying)
Footnotes (3)
- [F1]Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.
- [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 by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the Issuer's IPO to any partner or member of any such partnership or limited liability company at the effective time, and (ii) a transfer 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.
Documents
Issuer
APPFOLIO INC
CIK 0001433195
Entity typeother
Related Parties
1- filerCIK 0001643445
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 5:16 PM ET
- Size
- 8.1 KB