4//SEC Filing
von Blottnitz Andreas 4
Accession 0001433195-24-000151
CIK 0001433195other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 7:49 PM ET
Size
15.1 KB
Accession
0001433195-24-000151
Insider Transaction Report
Form 4
APPFOLIO INCAPPF
von Blottnitz Andreas
Director
Transactions
- Conversion
Class B Common Stock
2024-12-03−20,000→ 17,000 totalExercise: $0.00→ Class A Common Stock (20,000 underlying) - Conversion
Class A Common Stock
2024-12-03+20,000→ 26,092 total - Sale
Class A Common Stock
2024-12-03$261.44/sh−7,153$1,870,080→ 6,092 total - Sale
Class A Common Stock
2024-12-03$260.28/sh−12,847$3,343,817→ 13,245 total
Holdings
- 12,500(indirect: By Spouse)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (12,500 underlying) - 420,450(indirect: By Oceanlink Investments Limited)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (420,450 underlying)
Footnotes (7)
- [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]These shares were sold pursuant to a plan adopted by the Reporting Person on or around March 15, 2024.
- [F3]This transaction was executed in multiple trades with sales prices ranging from $260.00 to $260.99. 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 $261.00 to $261.98. 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]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.
- [F6]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.
- [F7]Oceanlink Investments Limited is managed by a board of directors that possesses voting and dispositive power with respect to these shares. Oceanlink Trust, of which the Reporting Person is a beneficiary, holds all of the equity interests of Oceanlink Investments Limited. The Reporting Person possesses shared power to revoke Oceanlink Trust.
Documents
Issuer
APPFOLIO INC
CIK 0001433195
Entity typeother
Related Parties
1- filerCIK 0001643507
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 7:49 PM ET
- Size
- 15.1 KB