0001209191-17-023035.txt : 20170327 0001209191-17-023035.hdr.sgml : 20170327 20170327214242 ACCESSION NUMBER: 0001209191-17-023035 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170324 FILED AS OF DATE: 20170327 DATE AS OF CHANGE: 20170327 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dragoneer Apartment, LLC CENTRAL INDEX KEY: 0001646430 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 17716656 BUSINESS ADDRESS: STREET 1: ONE LETTERMAN DRIVE STREET 2: BUILDING C, SUITE 3950 CITY: SAN FRANCISCO STATE: CA ZIP: 94129 BUSINESS PHONE: 415-539-3085 MAIL ADDRESS: STREET 1: ONE LETTERMAN DRIVE STREET 2: BUILDING C, SUITE 3950 CITY: SAN FRANCISCO STATE: CA ZIP: 94129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STAD MARC CENTRAL INDEX KEY: 0001646303 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 17716657 MAIL ADDRESS: STREET 1: ONE LETTERMAN DRIVE, BUILDING C, SUITE 3 CITY: SAN FRANCISCO STATE: CA ZIP: 94129 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-24 0 0001433195 APPFOLIO INC APPF 0001646303 STAD MARC ONE LETTERMAN DRIVE BUILDING C, SUITE 3950 SAN FRANCISCO CA 94129 0 0 1 0 0001646430 Dragoneer Apartment, LLC ONE LETTERMAN DRIVE BUILDING C, SUITE 3950 SAN FRANCISCO CA 94129 0 0 1 0 Class A Common Stock 2017-03-24 4 C 0 31602 0.00 A 31602 D Class A Common Stock 2017-03-24 4 C 0 306659 0.00 A 306659 I Refer to Footnote Class B Common Stock 2017-03-24 4 C 0 31602 0.00 D Class B Common Stock 31602 112045 D Class B Common Stock 2017-03-24 4 C 0 306659 0.00 D Class B Common Stock 306659 1087246 I Refer to Footnote 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. Effective March 24, 2017, 31,602 shares of Class B Common Stock were voluntarily converted by Mr. Stad into an equal number of shares of Class A Common Stock of the issuer. 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. Effective March 24, 2017, the Dragoneer Entities (as defined below) voluntarily converted 306,659 shares of Class B Common Stock (of which Dragoneer Apartment Fund (as defined below) held 178,262 shares) into an equal number of shares of Class A Common Stock of the issuer. Mr. Stad is the managing member of Dragoneer Global GP, LLC ("Dragoneer GP") and Dragoneer Investment Group, LLC ("Dragoneer Adviser"), a registered investment adviser. Dragoneer GP is the manager of Dragoneer Apartment, LLC ("Dragoneer Apartment Fund" and, together with Dragoneer GP and Dragoneer Adviser, the "Dragoneer Entities"). The securities reported in the table above as having converted from Class B Common Stock to Class A Common Stock are held by Dragoneer Apartment Fund and certain other funds and managed accounts associated with the Dragoneer Entities and Mr. Stad. By virtue of the foregoing relationships, Mr. Stad and each of the Dragoneer Entities may be deemed to share beneficial ownership of the securities reported in the table above. (Continued from Footnote 3) Mr. Stad and each of the Dragoneer Entities disclaims beneficial ownership of the reported securities, except to the extent of their respective pecuniary interest therein. The shares of Class B Common Stock have no expiration date. However, all outstanding shares of Class B Common Stock 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. /s/Marc Stad 2017-03-27 Dragoneer Apartment, LLC, By Dragoneer Global, LLC, its manager, /s/ Pat Robertson 2017-03-27