0000899243-21-046862.txt : 20211203
0000899243-21-046862.hdr.sgml : 20211203
20211203205144
ACCESSION NUMBER: 0000899243-21-046862
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211201
FILED AS OF DATE: 20211203
DATE AS OF CHANGE: 20211203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: IGSB IVP III, LLC
CENTRAL INDEX KEY: 0001645481
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37468
FILM NUMBER: 211471730
BUSINESS ADDRESS:
STREET 1: 1485 EAST VALLEY ROAD, SUITE H
CITY: SANTA BARBARA
STATE: CA
ZIP: 93108
BUSINESS PHONE: 805-690-6116
MAIL ADDRESS:
STREET 1: P.O. BOX 5609
CITY: SANTA BARBARA
STATE: CA
ZIP: 93150
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: APPFOLIO INC
CENTRAL INDEX KEY: 0001433195
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 260359894
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 50 CASTILIAN DRIVE
CITY: GOLETA
STATE: CA
ZIP: 93117
BUSINESS PHONE: 8053646093
MAIL ADDRESS:
STREET 1: 50 CASTILIAN DRIVE
CITY: GOLETA
STATE: CA
ZIP: 93117
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-12-01
1
0001433195
APPFOLIO INC
APPF
0001645481
IGSB IVP III, LLC
C/O IGSB, INC.
1485 E. VALLEY ROAD, SUITE H
SANTA BARBARA
CA
93108
0
0
1
0
Class B Common Stock
0.00
2021-12-01
4
J
0
3554584
0.00
D
Class A Common Stock
3554584
0
D
On December 1, 2021, three investment funds of IGSB IVP III, LLC ("IVP III") were dissolved , resulting in the termination of each of those investment funds and the distribution of an aggregate of 3,554,584 shares of AppFolio Class B Common Stock ("Class B Shares") held by those investment funds, pro-rata to the investors in those investment funds. No consideration was paid by any of those investors for the Class B Shares distributed to them.
Each Class B Share is convertible, at any time at the option of the holder, into one share of Appfolio Class A Common Stock ("Class A Shares"). In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one share-for-one share basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in AppFolio's Amended and Restated Certificate of Incorporation).
(Continued from Footnote 2) AppFolio's Class B Shares do not have an expiration date. However, all of the outstanding Class B Shares will convert automatically into Class A Shares, on a one share-for-one share basis, on the date when the number of the Company's outstanding Class B Shares represents less than 10% of the sum of AppFolio's outstanding Class A and Class B Shares.
IGSB IVP III, LLC A California limited liability company, By: Investment Group of Santa Barbara, LLC A California limited liability company, By: Timothy K. Bliss, Member & Vice President, By: /s/ Kimberly Shea, Attorney-in-Fact for Timothy K. Bliss
2021-12-03