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

Signature
/s/ Matthew S Mazza
Stock symbol
APPF
Transactions as of
Dec 10, 2024
Transactions value $
-$1,214,959
Form type
4
Date filed
12/12/2024, 06:18 PM
Previous 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 Sale -$179K -700 -2.48% $255.50 27.6K Dec 10, 2024 Direct F1, F2
transaction APPF Class A Common Stock Sale -$554K -2.16K -7.84% $256.70 25.4K Dec 11, 2024 Direct F1, F3
transaction APPF Class A Common Stock Sale -$327K -1.27K -4.99% $257.81 24.1K Dec 11, 2024 Direct F1, F4
transaction APPF Class A Common Stock Sale -$155K -600 -2.49% $258.32 23.5K Dec 11, 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.