Form 4 for APPF APPFOLIO INC
Accepted 2022-08-03 00:00:00 ET · period of report 2022-08-01 · accession 0000899243-22-027654 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-03 | 2022-08-01+ | APPF | BLISS TIMOTHY K | Dir | S - Sale | $103.48 | -17.7K | 2,943 | -86% | -$1.83M |
| D | 2022-08-03 | 2022-08-03 | APPF | BLISS TIMOTHY K | Dir | C - Cnv Deriv | $0.00 | +50.0K | 50.0K | New | $0 |
| D | 2022-08-03 | 2022-08-03 | APPF | BLISS TIMOTHY K | Dir | C - Cnv Deriv | $0.00 | -50.0K | 792.5K | -6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-08-01 | S | D | 5,727 | $101.98 | 11,953 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-08-03 | C | A | 50,000 | $0.00 | 50,000 | D | — | — | (F1) These 50,000 shares of the Issuer's Class A Common Stock ("Class A Shares") were acquired by the Reporting Person upon the conversion of 50,000 shares of the Issuer's Class B Common Stock ("Class B Shares") that had been owned by the Reporting Person. (F3) (Continued from Footnote 2) The Issuer's Class B Shares do not have an expiration date. However, 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 Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares. (F2) Each of the Class B Shares is convertible, at any time at the option of the holder, into one Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one share-for-one share basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation). |
| 3 | Common | Class A Common Stock | 2022-08-03 | S | D | 2,943 | $105.10 | 0 | D | — | — | |
| 4 | Common | Class A Common Stock | 2022-08-02 | S | D | 9,010 | $103.90 | 2,943 | D | — | — | |
| 5 | Derivative | Class B Common Stock | 2022-08-03 | C | D | 50,000 | $0.00 | 792,549 | D | $0.00 · — to — | 50,000 Class A Common Stock | (F1) These 50,000 shares of the Issuer's Class A Common Stock ("Class A Shares") were acquired by the Reporting Person upon the conversion of 50,000 shares of the Issuer's Class B Common Stock ("Class B Shares") that had been owned by the Reporting Person. (F3) (Continued from Footnote 2) The Issuer's Class B Shares do not have an expiration date. However, 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 Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares. (F2) Each of the Class B Shares is convertible, at any time at the option of the holder, into one Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one share-for-one share basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation). |