0000950123-20-006739.txt : 20200706
0000950123-20-006739.hdr.sgml : 20200706
20200706211522
ACCESSION NUMBER: 0000950123-20-006739
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200701
FILED AS OF DATE: 20200706
DATE AS OF CHANGE: 20200706
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: 201015072
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
PRIMARY DOCUMENT
X0306
4
2020-07-01
0
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
2020-07-01
4
J
0
300691
0.00
D
Class A Common Stock
300691
3554584
D
On July 1, 2020, the investors in one of the investment funds of IGSB IVP III, LLC ("IVP III") approved the termination of that investment fund and the distribution of all 300,691 shares of AppFolio Class B Common Stock ("Class B Shares") held by that fund, pro-rata to the investors in that fund. No consideration was paid by any of those investors for the respective Class B Shares distributed to them.
Each Class B Share is convertible, at any time at the option of the holder, into one Class A Share. 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
2020-07-06