Andreas von Blottnitz - 27 Jun 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Director
Signature
/s/ Matthew Mazza as Attorney-in-Fact for Andreas von Blottnitz
Issuer symbol
APPF
Transactions as of
27 Jun 2024
Net transactions value
$0
Form type
4
Filing time
01 Jul 2024, 18:26:51 UTC
Previous filing
28 Jun 2024
Next filing
05 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Award $0 +643 +12% $0.000000 6,092 27 Jun 2024 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 37,000 27 Jun 2024 Class A Common Stock 37,000 $0.000000 Direct F2, F3
holding APPF Class B Common Stock 12,500 27 Jun 2024 Class A Common Stock 12,500 $0.000000 By Spouse F2, F3
holding APPF Class B Common Stock 420,450 27 Jun 2024 Class A Common Stock 420,450 $0.000000 By Oceanlink Investments Limited F2, F3, F4
* 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) pursuant to the Issuer's 2015 Stock Incentive Plan. The RSUs 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 of the 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 possesses voting and dispositve power with respect to these shares. Oceanlink Trust, of which the Reporting Person is a beneficiary, holds all of the equity interests of Oceanlink Investments Limited. The Reporting Person possesses shared power to revoke Oceanlink Trust.