Andreas von Blottnitz - Jun 27, 2024 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, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/1/2024, 06:26 PM
Previous filing: Jun 28, 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	+11.8%	$0.00	6.09K	Jun 27, 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						37K	Jun 27, 2024	Class A Common Stock	37K	$0.00	Direct	F2, F3
holding	APPF	Class B Common Stock						12.5K	Jun 27, 2024	Class A Common Stock	12.5K	$0.00	By Spouse	F2, F3
holding	APPF	Class B Common Stock						420K	Jun 27, 2024	Class A Common Stock	420K	$0.00	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.