Alexander Wolf - Jan 13, 2022 Form 3 Insider Report for APPFOLIO INC (APPF)

Role: Director
Signature: /s/ ALEXANDER WOLF
Stock symbol: APPF
Transactions as of: Jan 13, 2022
Transactions value $: $0
Form type: 3
Date filed: 1/27/2022, 03:58 PM
Next filing: Jun 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	APPF	Class A Common Stock						166K	Jan 13, 2022	Direct
holding	APPF	Class A Common Stock						10K	Jan 13, 2022	See Footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These Class A Shares of Common Stock ("Class A Shares"), issued by AppFolio, Inc., are owned by the Hume 2012 Irrevocable Children's Trust, dated 11/19/12 (the "Hume Trust" or the "Trust"). The Reporting Person is an investment advisor to that Trust and, in that capacity, may be deemed to share voting and dispositive power over these Class A Shares with the trustees of the Trust. However, the Reporting Person disclaims beneficial ownership over these Class A Shares, except to the extent of any pecuniary interest he may have therein.

Content

These Class A Shares of Common Stock ("Class A Shares"), issued by AppFolio, Inc., are owned by the Hume 2012 Irrevocable Children's Trust, dated 11/19/12 (the "Hume Trust" or the "Trust"). The Reporting Person is an investment advisor to that Trust and, in that capacity, may be deemed to share voting and dispositive power over these Class A Shares with the trustees of the Trust. However, the Reporting Person disclaims beneficial ownership over these Class A Shares, except to the extent of any pecuniary interest he may have therein.