Form 4 for APPF APPFOLIO INC
Accepted 2025-02-28 00:00:00 ET · period of report 2025-02-27 · accession 0001415889-25-006038 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-28 | 2025-02-27 | APPF | DUCA MAURICE J | 10% | C - Cnv Deriv | $0.00 | +85.8K | 85.8K | +1,715,800% | $0 |
| DMI | 2025-02-28 | 2025-02-27 | APPF | DUCA MAURICE J | 10% | C - Cnv Deriv | $0.00 | +95.9K | 60.0K | New | $0 |
| DMI | 2025-02-28 | 2025-02-27 | APPF | DUCA MAURICE J | 10% | C - Cnv Deriv | $0.00 | -95.9K | 2.50M | -4% | $0 |
| D | 2025-02-28 | 2025-02-27 | APPF | DUCA MAURICE J | 10% | C - Cnv Deriv | $0.00 | -85.8K | 3.51M | -2% | $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 | 2025-02-27 | C | A | 85,790 | $0.00 | 85,795 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-02-27 | C | A | 35,893 | $0.00 | 45,000 | I By Pension Trust | — | — | (F4) These Class A Shares are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares. |
| 3 | Common | Class A Common Stock | 2025-02-27 | C | A | 60,000 | $0.00 | 60,000 | I By Family Trust | — | — | |
| 4 | Derivative | Class B Common Stock | 2025-02-27 | C | D | 60,000 | $0.00 | 84,442 | I By Family Trust | $0.00 · — to — | 60,000 Class A Common Stock | (F9) (Continued from Footnote 8) 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. (F8) 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). |
| 5 | Derivative | Class B Common Stock | 2025-02-27 | C | D | 85,790 | $0.00 | 3,511,626 | D | $0.00 · — to — | 85,790 Class A Common Stock | (F9) (Continued from Footnote 8) 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. (F8) 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). |
| 6 | Derivative | Class B Common Stock | 2025-02-27 | C | D | 35,893 | $0.00 | 2,500,260 | I By Pension Trust | $0.00 · — to — | 35,893 Class A Common Stock | (F10) These Class B Shares are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class B Shares. However, the Reporting Person does not possess any pecuniary interest in these Class B Shares. (F9) (Continued from Footnote 8) 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. (F8) 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). |