Form 4 for APPF APPFOLIO INC
Accepted 2021-09-09 00:00:00 ET · period of report 2021-09-07 · accession 0001433195-21-000085 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-09-09 | 2021-09-07 | APPF | Walker Jonathan | CTO | S - Sale | $121.75 | -8,000 | 15.7K | -34% | -$974.0K |
| D | 2021-09-09 | 2021-09-08 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | +2,500 | 2,500 | New | $0 |
| D | 2021-09-09 | 2021-09-08 | APPF | Walker Jonathan | CTO | S - Sale | $121.40 | -2,500 | 0 | -100% | -$303.5K |
| DI | 2021-09-09 | 2021-09-07 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | +8,000 | 23.7K | +51% | $0 |
| DI | 2021-09-09 | 2021-09-07 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | -8,000 | 571.8K | -1% | $0 |
| D | 2021-09-09 | 2021-09-08 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | -2,500 | 7,194 | -26% | $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 | 2021-09-07 | S | D | 6,600 | $121.57 | 17,074 | I By Trust | — | — | (F1) This transaction was executed in multiple trades with sales prices ranging from $121.19 to $122.15. 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. |
| 2 | Common | Class A Common Stock | 2021-09-07 | S | D | 1,400 | $122.58 | 15,674 | I By Trust | — | — | (F2) This transaction was executed in multiple trades with sales prices ranging from $122.19 to $122.88. 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. |
| 3 | Common | Class A Common Stock | 2021-09-08 | C | A | 2,500 | $0.00 | 2,500 | D | — | — | |
| 4 | Common | Class A Common Stock | 2021-09-08 | S | D | 2,500 | $121.40 | 0 | D | — | — | (F3) This transaction was executed in multiple trades with sales prices ranging from $121.00 to $121.76. 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. |
| 5 | Common | Class A Common Stock | 2021-09-07 | C | A | 8,000 | $0.00 | 23,674 | I By Trust | — | — | |
| 6 | Derivative | Class B Common Stock | 2021-09-07 | C | D | 8,000 | $0.00 | 571,802 | I By Trust | $0.00 · — to — | 8,000 Class A Common Stock | (F4) 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 to anyone who was a 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. (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 Company'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. |
| 7 | Derivative | Class B Common Stock | 2021-09-08 | C | D | 2,500 | $0.00 | 7,194 | D | $0.00 · — to — | 2,500 Class A Common Stock | (F4) 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 to anyone who was a 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. (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 Company'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. |