0001433195-17-000017.txt : 20170228
0001433195-17-000017.hdr.sgml : 20170228
20170228200304
ACCESSION NUMBER: 0001433195-17-000017
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170224
FILED AS OF DATE: 20170228
DATE AS OF CHANGE: 20170228
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: Randall Jason Robert
CENTRAL INDEX KEY: 0001671594
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37468
FILM NUMBER: 17650898
MAIL ADDRESS:
STREET 1: 4942 LA GAMA WAY
CITY: SANTA BARBARA
STATE: CA
ZIP: 93111
4
1
wf-form4_148833017019338.xml
FORM 4
X0306
4
2017-02-24
0
0001433195
APPFOLIO INC
APPF
0001671594
Randall Jason Robert
50 CASTILIAN DRIVE
SANTA BARBARA
CA
93117
0
1
0
0
SVP, AppFolio Property Manager
Employee Stock Option (Right to Buy)
23.8
2017-02-24
4
A
0
66000
23.80
A
2027-02-23
Class A Common Stock
66000.0
66000
D
The options were granted pursuant to the Issuer's 2015 Stock Incentive Plan.
The options vest based upon the Issuer's achievement relative to a pre-established target relating to free cash flow for fiscal year 2019. The Issuer's actual performance relative to the targeted amount will be determined by the Compensation Committee by reference to the Issuer's 2019 financial statements.
The reported amount of shares assumes achievement at the maximum level for the performance option grant. For performance at 165% of the targeted amount, 100% of these performance options will vest. For performance at 100% of the targeted amount, approximately 61% of these performance options will vest. For performance below 80% of the targeted amount, no performance options will vest. For performance between 80% and 165% of the targeted amount, the vesting percentage will be determined by reference to a sliding vesting scale approved by the Compensation Committee.
/s/Ida Kane, as Attorney-in-Fact for Jason Robert Randall
2017-02-28