Matthew S. Mazza - Aug 15, 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Signature
/s/ Matthew S Mazza
Stock symbol
APPF
Transactions as of
Aug 15, 2024
Transactions value $
-$524,518
Form type
4
Date filed
8/19/2024, 01:00 PM
Previous filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale -$83.2K -380 -0.9% $219.01 42K Aug 15, 2024 Direct F1, F2
transaction APPF Class A Common Stock Sale -$194K -878 -2.09% $221.19 41.1K Aug 15, 2024 Direct F1, F3
transaction APPF Class A Common Stock Sale -$215K -968 -2.36% $221.90 40.1K Aug 15, 2024 Direct F1, F4
transaction APPF Class A Common Stock Sale -$32.3K -145 -0.36% $222.69 40K Aug 15, 2024 Direct F1, F5
* 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 May 16, 2024
F2 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $219.00 to $219.99. For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F3 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $220.49 to $221.48. For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F4 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $221.50 to $222.49. For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $222.52 to $223.51 For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.