Form 4 for APPF APPFOLIO INC
Accepted 2024-10-10 00:00:00 ET · period of report 2024-10-08 · accession 0001415889-24-024989 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-10-10 | 2024-10-08 | APPF | DUCA MAURICE J | 10% | J - Other | $0.00 | -2,572 | 0 | -100% | $0 |
| D | 2024-10-10 | 2024-10-08 | APPF | DUCA MAURICE J | 10% | J - Other | $0.00 | +5 | 9,388 | +0.1% | $0 |
| DI | 2024-10-10 | 2024-10-08 | APPF | DUCA MAURICE J | 10% | J - Other | $0.00 | -22.0K | 0 | -100% | $0 |
| D | 2024-10-10 | 2024-10-08 | APPF | DUCA MAURICE J | 10% | J - Other | $0.00 | +22.0K | 3.62M | +0.6% | $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 | 2024-10-08 | J | D | 2,572 | $0.00 | 0 | I By IGSB Cardinal Core MX, LLC | — | — | (F2) Prior to the dissolution, the Reporting Person was the managing member of IGSB Cardinal Core MX, LLC and possessed sole voting and dispositive power over the shares held by IGSB Cardinal Core MX, LLC. |
| 2 | Common | Class A Common Stock | 2024-10-08 | J | A | 5 | $0.00 | 9,388 | D | — | — | |
| 3 | Derivative | Class B Common Stock | 2024-10-08 | J | D | 22,028 | $0.00 | 0 | I By IGSB Cardinal Core MX, LLC | $0.00 · — to — | 22,028 Class A Common Stock | (F2) Prior to the dissolution, the Reporting Person was the managing member of IGSB Cardinal Core MX, LLC and possessed sole voting and dispositive power over the shares held by IGSB Cardinal Core MX, LLC. (F7) Each Class B Share 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 AppFolio's Amended and Restated Certificate of Incorporation). (F8) (Continued from Footnote 7) AppFolio'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 Company's outstanding Class B Shares represents less than 10% of the sum of AppFolio's outstanding Class A Shares and Class B Shares. |
| 4 | Derivative | Class B Common Stock | 2024-10-08 | J | A | 22,028 | $0.00 | 3,619,444 | D | $0.00 · — to — | 22,028 Class A Common Stock | (F7) Each Class B Share 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 AppFolio's Amended and Restated Certificate of Incorporation). (F8) (Continued from Footnote 7) AppFolio'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 Company's outstanding Class B Shares represents less than 10% of the sum of AppFolio's outstanding Class A Shares and Class B Shares. |