Form 4 for APPF APPFOLIO INC
Accepted 2021-09-16 00:00:00 ET · period of report 2021-09-14 · accession 0001433195-21-000092 · 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 | 2021-09-16 | 2021-09-14 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | +20.0K | 35.7K | +128% | $0 |
| DI | 2021-09-16 | 2021-09-14 | APPF | Walker Jonathan | CTO | S - Sale | $122.71 | -801 | 34.9K | -2% | -$98.3K |
| DI | 2021-09-16 | 2021-09-14 | APPF | Walker Jonathan | CTO | G - Gift | $0.00 | -9,599 | 25.3K | -28% | $0 |
| DMI | 2021-09-16 | 2021-09-14 | APPF | Walker Jonathan | CTO | M - OptEx | $0.00 | 0 | 591.8K | New | $0 |
| DI | 2021-09-16 | 2021-09-14 | APPF | Walker Jonathan | CTO | C - Cnv Deriv | $0.00 | -20.0K | 571.8K | -3% | $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 | 2021-09-14 | C | A | 20,000 | $0.00 | 35,674 | I By Trust | — | — | |
| 2 | Common | Class A Common Stock | 2021-09-14 | S | D | 801 | $122.71 | 34,873 | I By Trust | — | — | |
| 3 | Common | Class A Common Stock | 2021-09-14 | G | D | 9,599 | $0.00 | 25,274 | I By Trust | — | — | |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2021-09-14 | M | D | 20,000 | $0.00 | 54,425 | I By Trust | $4.92 · 2015-12-03 to 2024-12-03 | 20,000 Class B Common Stock | |
| 5 | Derivative | Class B Common Stock | 2021-09-14 | C | D | 20,000 | $0.00 | 571,802 | I By Trust | $0.00 · — to — | 20,000 Class A Common Stock | (F1) 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 that occurs after the consummation of the initial public offering (the "IPO") of AppFolio, Inc. (the "Issuer"), except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO 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. (F2) All 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. |
| 6 | Derivative | Class B Common Stock | 2021-09-14 | M | A | 20,000 | $0.00 | 591,802 | I By Trust | $0.00 · — to — | 20,000 Class A Common Stock | (F1) 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 that occurs after the consummation of the initial public offering (the "IPO") of AppFolio, Inc. (the "Issuer"), except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO 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. (F2) All 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. |