Klaus Schauser - Nov 16, 2023 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
10%+ Owner
Signature
/s/ Matthew Mazza as Attorney-in-Fact for Klaus Schauser
Stock symbol
APPF
Transactions as of
Nov 16, 2023
Transactions value $
$0
Form type
4
Date filed
11/17/2023, 08:01 PM
Previous filing
Sep 15, 2023
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Gift $0 -100K -20% $0.00 400K Nov 16, 2023 By 1206 Family Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Gift made pursuant to a plan adopted on September 15, 2023.
F2 Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.