Timothy K. Bliss - Dec 31, 2021 Form 5 Insider Report for APPFOLIO INC (APPF)

Role: Director
Signature: /s/ Timothy K. Bliss By: Kimberly Shea, as attorney in fact for Timothy K. Bliss
Stock symbol: APPF
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 5
Date filed: 2/4/2022, 06:07 PM
Previous filing: Dec 10, 2021
Next filing: May 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPF	Class A Common Stock	Gift	$0	-3.5K	-100%	$0.00^*	0	Dec 16, 2021	Direct	F1
holding	APPF	Class A Common Stock						13.1K	Dec 31, 2021	By IGSB IVP III, LLC	F2

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

Explanation of Responses:

Id	Content
F1	These 3,500 shares of AppFolio Class A Common Stock ("Class A Shares") were donated by the Reporting Person to a charitable organization.
F2	These Class A Shares are owned by IGSB IVP III LLC, a private investment fund, which is managed by Investment Group of Santa Barbara LLC ("IGSB"). The Reporting Person is one of the members of IGSB and may be deemed to share voting and dispositive power with IGSB and its other members over these Class A Shares. However, the Reporting Person disclaims beneficial ownership of these Class A Shares, except to the extent of any pecuniary interest he may have therein.

Content

These 3,500 shares of AppFolio Class A Common Stock ("Class A Shares") were donated by the Reporting Person to a charitable organization.

These Class A Shares are owned by IGSB IVP III LLC, a private investment fund, which is managed by Investment Group of Santa Barbara LLC ("IGSB"). The Reporting Person is one of the members of IGSB and may be deemed to share voting and dispositive power with IGSB and its other members over these Class A Shares. However, the Reporting Person disclaims beneficial ownership of these Class A Shares, except to the extent of any pecuniary interest he may have therein.