Timothy K. Bliss - Aug 16, 2022 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Director
Signature
Timothy K. Bliss, By: /s/ Kimberly Shea, Attorney-in-Fact for Timothy K. Bliss
Stock symbol
APPF
Transactions as of
Aug 16, 2022
Transactions value $
-$1,022,703
Form type
4
Date filed
8/18/2022, 04:30 PM
Previous filing
Aug 15, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale -$447K -4.07K -43.58% $110.01 5.26K Aug 16, 2022 Direct F1
transaction APPF Class A Common Stock Sale -$181K -1.64K -31.08% $110.71 3.63K Aug 16, 2022 Direct F2
transaction APPF Class A Common Stock Sale -$111 -1 -0.03% $111.42 3.63K Aug 16, 2022 Direct
transaction APPF Class A Common Stock Sale -$350K -3.22K -88.75% $108.65 408 Aug 17, 2022 Direct F3
transaction APPF Class A Common Stock Sale -$44.6K -408 -100% $109.42 0 Aug 17, 2022 Direct F4
holding APPF Class A Common Stock 13.1K Aug 16, 2022 By IGSB IVP III, LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $109.30 to $110.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $110.41 to $111.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $108.24 to $109.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $109.28 to $109.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 These Class A Shares are owned by IGSB IVP III LLC, a private investment fund 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.