Jonathan Walker - Feb 25, 2022 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Chief Technology Officer
Signature
/s/ Matthew Mazza, as Attorney-In-Fact for Jonathan Walker
Stock symbol
APPF
Transactions as of
Feb 25, 2022
Transactions value $
$651,443
Form type
4
Date filed
3/1/2022, 07:00 PM
Previous filing
Jan 31, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Award $869K +7.69K +34.91% $112.98 29.7K Feb 25, 2022 Direct F1
transaction APPF Class A Common Stock Tax liability -$217K -1.92K -6.47% $112.98 27.8K Feb 25, 2022 Direct F2
holding APPF Class A Common Stock 594K Feb 25, 2022 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of performance-based restricted stock units (PSUs) granted pursuant to the Issuer's 2015 Stock Incentive Plan. The PSUs were earned and vested as to 100% based on achievement of pre-established performance criteria.
F2 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on February 25, 2022 of 100% of the performance-based restricted stock units (PSUs) granted to the Reporting Person on February 25, 2022 pursuant to the Issuer's 2015 Stock Incentive Plan.