Ida Kathleen Kane - 13 May 2021 Form 4 Insider Report for APPFOLIO INC (APPF)

Reporting relationship: Chief Financial Officer
Issuer ticker: APPF
Reported as of: 13 May 2021
Net transaction value: +$482,239
SEC form: 4
Accepted by SEC: 17 May 2021, 20:08:33 UTC
Next SEC filing: 27 May 2021
Source filing: View source filing
Reporting owner signature: /s/ Ida Kathleen Kane

Key filing fact

Ida Kathleen Kane filed Form 4 for APPFOLIO INC (APPF) on 17 May 2021.

Key facts

This page summarizes Ida Kathleen Kane's Form 4 filing for APPFOLIO INC (APPF).
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 May 2021, 20:08.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$482,239.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APPF transaction

Class A Common Stock

Options Exercise

Transaction value: $8,925
Shares: +375
Change %
Price: $23.80
Shares after: 375
Date: 13 May 2021
Ownership: Direct

APPF holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,436
Date: 13 May 2021
Ownership: By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APPF transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -83,921
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 May 2021
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 83,921
Exercise price: $5.64
Footnotes: F1, F2

APPF transaction Derivative

Class B Common Stock

Award

Transaction value: $473,314
Shares: +83,921
Change %
Price: $5.64
Shares after: 83,921
Date: 13 May 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 83,921
Exercise price: $0.000000
Footnotes: F1, F2

APPF transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -375
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 13 May 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 375
Exercise price: $23.80

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer that occurs after the consummation of the initial public offering (the "IPO") of the Issuer, except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) a transfer to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The shares of Class B Common Stock have no expiration date.

Footnote F2

All outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share for one share basis, on the date when the number of the Issuer's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock.