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

Signature
/s/ Matthew S Mazza
Issuer symbol
APPF
Transactions as of
10 Dec 2024
Net transactions value
-$1,214,959
Form type
4
Filing time
12 Dec 2024, 18:18:55 UTC
Previous filing
15 Nov 2024
Next filing
27 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale $178,850 -700 -2.5% $255.50 27,566 10 Dec 2024 Direct F1, F2
transaction APPF Class A Common Stock Sale $554,472 -2,160 -7.8% $256.70 25,406 11 Dec 2024 Direct F1, F3
transaction APPF Class A Common Stock Sale $326,645 -1,267 -5% $257.81 24,139 11 Dec 2024 Direct F1, F4
transaction APPF Class A Common Stock Sale $154,992 -600 -2.5% $258.32 23,539 11 Dec 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 $255.11 to $256.04. 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 $256.12 to $257.08. 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 $257.12 to $258.11. 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 $258.18 to $258.49 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.