Maurice J. Duca - Oct 29, 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
10%+ Owner
Signature
/s/ Kimberly Shea, Attorney-in-Fact for Maurice J. Duca
Stock symbol
APPF
Transactions as of
Oct 29, 2024
Transactions value $
$0
Form type
4
Date filed
10/30/2024, 07:50 PM
Previous filing
Oct 10, 2024
Next filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Other $0 -4.6K -10.45% $0.00 39.4K Oct 29, 2024 By Pension Trust F1
holding APPF Class A Common Stock 9.39K Oct 29, 2024 Direct
holding APPF Class A Common Stock 4.97K Oct 29, 2024 By Family Trust
holding APPF Class A Common Stock 143K Oct 29, 2024 By IGSB Gaucho Fund I, LLC F2
holding APPF Class A Common Stock 9.81K Oct 29, 2024 By IGSB Cardinal Core BV, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A Common Stock ("Class A Shares") are held by a pension trust of which the Reporting Person is the sole trustee and who, in that capacity, possesses sole voting and sole dispositive power over these Class A Shares. However, the Reporting Person does not possess any pecuniary interest in these Class A Shares. On October 29, 2024, 4,604 of these Class A Shares were transferred for no consideration from the pension trust to an Individual Retirement Account of a third party, which had the effect of reducing the number of Class A Shares owned by the pension trust and over which the Reporting Person possesses beneficial ownership to 39,433 Class A Shares.
F2 These Class A Shares are owned by IGSB Gaucho Fund I, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares. However, the Reporting Person disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.
F3 These Class A Shares are owned by IGSB Cardinal Core BV, LLC, a limited liability company, of which the Reporting Person is the managing member. In that capacity, the Reporting Person possesses sole voting and dispositive power over these Class A Shares, but he disclaims beneficial ownership in these Class A Shares, except to the extent of any pecuniary interest he may have therein.