Matthew S. Mazza - 13 Nov 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Signature
/s/ Matthew S Mazza
Issuer symbol
APPF
Transactions as of
13 Nov 2024
Net transactions value
-$1,202,482
Form type
4
Filing time
15 Nov 2024, 18:24:35 UTC
Previous filing
13 Nov 2024
Next filing
12 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale $488,473 -2,081 -6.2% $234.73 31,275 13 Nov 2024 Direct F1, F2
transaction APPF Class A Common Stock Sale $141,534 -600 -1.9% $235.89 30,675 13 Nov 2024 Direct F1, F3
transaction APPF Class A Common Stock Sale $309,932 -1,309 -4.3% $236.77 29,366 13 Nov 2024 Direct F1, F4
transaction APPF Class A Common Stock Sale $79,569 -334 -1.1% $238.23 29,032 13 Nov 2024 Direct F1, F5
transaction APPF Class A Common Stock Sale $182,974 -766 -2.6% $238.87 28,266 13 Nov 2024 Direct F1, F6
* 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 $234.16 to $235.12. 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 $235.28 to $236.15. 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 $236.41 to $237.23. 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 $237.72 to $238.71 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.
F6 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $238.74 to $238.93. 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.