William Shane Trigg - Jan 24, 2023 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
General Manager, Real Estate
Signature
/s/ Matthew Mazza, as Attorney-in-Fact, for William Shane Trigg
Stock symbol
APPF
Transactions as of
Jan 24, 2023
Transactions value $
-$136,454
Form type
4
Date filed
1/26/2023, 07:06 PM
Previous filing
Nov 14, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Tax liability -$136K -1.15K -2.86% $119.07 38.9K Jan 24, 2023 Direct F1
transaction APPF Class A Common Stock Award $0 +25K +64.41% $0.00 63.9K Jan 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 January 24, 2023 of the performance-based restricted stock units (RSUs) previously granted to the Reporting Person in April 2020 pursuant to the Issuer's 2015 Stock Incentive Plan.
F2 Represents a grant of time-based restricted stock units (RSUs) granted pursuant to the Issuer's 2015 Stock Incentive Plan. The RSUs shall vest over four years with 1/16th of the restricted stock units vesting quarterly beginning May 10, 2023.