William Shane Trigg - 01 Mar 2023 Form 4 Insider Report for APPFOLIO INC (APPF)

Role: Chief Executive Officer, Director
Signature: /s/ Matthew Mazza, as Attorney-in-Fact, for William Shane Trigg
Issuer symbol: APPF
Transactions as of: 01 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2023, 18:48:16 UTC
Previous filing: 14 Feb 2023
Next filing: 12 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APPF	Class A Common Stock	Award	$0	+11,864	+16%	$0.000000	86,884	01 Mar 2023	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
transaction	APPF	Employee Stock Option (Right to Buy)	Award	$0	+120,000		$0.000000	120,000	01 Mar 2023	Class A Common Stock	120,000	$129.74	Direct	F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	The stock options will vest in accordance with the following schedule: 1/3 of the granted options on each of December 31, 2025, December 31, 2026, and December 31, 2027.