Matthew S. Mazza - Nov 10, 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Signature
/s/ Matthew S Mazza
Stock symbol
APPF
Transactions as of
Nov 10, 2024
Transactions value $
-$1,406,718
Form type
4
Date filed
11/13/2024, 08:53 AM
Previous filing
Aug 19, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Tax liability -$107K -470 -1.18% $228.20 39.5K Nov 10, 2024 Direct F1
transaction APPF Class A Common Stock Tax liability -$83.5K -366 -0.93% $228.20 39.1K Nov 10, 2024 Direct F2
transaction APPF Class A Common Stock Tax liability -$47K -206 -0.53% $228.20 38.9K Nov 10, 2024 Direct F3
transaction APPF Class A Common Stock Tax liability -$38.8K -170 -0.44% $228.20 38.8K Nov 10, 2024 Direct F4
transaction APPF Class A Common Stock Tax liability -$26.7K -117 -0.3% $228.20 38.7K Nov 10, 2024 Direct F5
transaction APPF Class A Common Stock Tax liability -$891K -3.91K -10.11% $228.20 34.7K Nov 10, 2024 Direct F6
transaction APPF Class A Common Stock Sale -$212K -926 -2.67% $229.04 33.8K Nov 11, 2024 Direct F7
* 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 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2024 of the performance-based restricted stock units ("PSUs") previously granted to the Reporting Person on December 13, 2021 pursuant to the Issuer's 2015 Stock Incentive Plan.
F2 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2024 of the PSUs previously granted to the Reporting Person on January 25, 2023 pursuant to the Issuer's 2015 Stock Incentive Plan.
F3 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2024 of the time-based restricted stock units ("RSUs") previously granted to the Reporting Person on December 13, 2021 pursuant to the Issuer's 2015 Stock Incentive Plan.
F4 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2024 of the RSUs previously granted to the Reporting Person on January 24, 2023 pursuant to the Issuer's 2015 Stock Incentive Plan.
F5 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2024 of the RSUs previously granted to the Reporting Person on January 23, 2024 pursuant to the Issuer's 2015 Stock Incentive Plan.
F6 Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligation of the Reporting Person arising in connection with the vesting on November 10, 2024 of the RSUs previously granted to the Reporting Person on October 27, 2021 pursuant to the Issuer's 2015 Stock Incentive Plan.
F7 Consists of Class A Common Stock sold pursuant to a plan adopted by the Reporting Person on or around May 16, 2024.