Andreas von Blottnitz - Jun 27, 2022 Form 4 Insider Report for APPFOLIO INC (APPF)

Role: Director
Signature: /s/ Matthew Mazza as Attorney-in-Fact for Andreas von Blottnitz
Stock symbol: APPF
Transactions as of: Jun 27, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/29/2022, 09:31 PM
Previous filing: Jun 30, 2021
Next filing: Jun 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPF	Class A Common Stock	Award	$0	+1.56K	+52.41%	$0.00	4.53K	Jun 27, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	APPF	Class B Common Stock						429K	Jun 27, 2022	Class A Common Stock	429K		By Oceanlink Investments Limited	F2, F3, F4
holding	APPF	Class B Common Stock						62.5K	Jun 27, 2022	Class A Common Stock	62.5K		By Spouse	F2, F3, F5

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

Explanation of Responses:

Id	Content
F1	The shares are granted pursuant to Issuer's 2015 Stock Incentive Plan and are subject to repurchase by the Issuer. The shares shall vest 100% on the first anniversary of the date of grant.
F2	Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for any transfers (i) by a partnership or limited liability company that was a registered holder of shares of Class B Common Stock to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The shares of Class B Common Stock have no expiration date.
F3	All outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share for one share basis, on the date when the number of the Issuer's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock.
F4	Oceanlink Investments Limited is managed by a board of directors that currently possesses sole voting and dispositive power with respect to these shares. Oceanlink Trust, of which Mr. von Blottnitz is a trustee and beneficiary, holds all of the equity interests of Oceanlink Investments Limited. Mr. von Blottnitz possesses shared power to revoke Oceanlink Trust.
F5	The reported securities, which were previously reported as indirectly owned by Mr. von Blottnitz through Oceanlink Investments Limited, were transferred to, and are now held by, Mr. von Blottnitz' spouse.