Olivia Nottebohm - Jun 27, 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Director
Signature
/s/ Matthew S Mazza as Attorney-in-Fact for Olivia Nottebohm
Stock symbol
APPF
Transactions as of
Jun 27, 2024
Transactions value $
-$110,625
Form type
4
Date filed
7/1/2024, 06:27 PM
Previous filing
Jun 21, 2024
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale -$111K -460 -24.1% $240.49 1.45K Jun 27, 2024 Direct F1
transaction APPF Class A Common Stock Award $0 +643 +44.38% $0.00 2.09K Jun 27, 2024 Direct 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 These shares were sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on or around November 15, 2023.
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 100% on the first anniversary of the date of grant.