Form 4 for APPF APPFOLIO INC
Accepted 2023-09-15 00:00:00 ET · period of report 2023-09-13 · accession 0001433195-23-000118 · 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 | 2023-09-15 | 2023-09-13 | APPF | Schauser Klaus | 10% | C - Cnv Deriv | $0.00 | +500.0K | 500.0K | New | $0 |
| DI | 2023-09-15 | 2023-09-13 | APPF | Schauser Klaus | 10% | C - Cnv Deriv | $0.00 | -500.0K | 3.37M | -13% | $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 | 2023-09-13 | C | A | 500,000 | $0.00 | 500,000 | I By 1206 Family Trust | — | — | (F1) Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees. |
| 2 | Derivative | Class B Common Stock | 2023-09-13 | C | D | 500,000 | $0.00 | 3,374,585 | I By 1206 Family Trust | $0.00 · — to — | 500,000 Class A Common Stock | (F1) Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees. (F3) 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. (F2) 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 at the effective time of the Issuer's IPO to any 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. |