Klaus Schauser - Jul 12, 2024 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
Jul 12, 2024
Transactions value $
-$260,000
Form type
4
Date filed
7/16/2024, 04:00 PM
Previous filing
Jun 27, 2024
Next filing
Jul 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale -$260K -1K -0.2% $260.00 504K Jul 12, 2024 By 1206 Family Trust F1, F2
transaction APPF Class A Common Stock Gift $0 -100K -19.84% $0.00 404K Jul 12, 2024 By 1206 Family Trust F2, F3
* 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 plan adopted by the Reporting Person on or around March 12, 2024.
F2 Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.
F3 These shares were gifted pursuant to a plan adopted by the Reporting Person on or around March 12, 2024.