0001433195-19-000063.txt : 20191003 0001433195-19-000063.hdr.sgml : 20191003 20191003180256 ACCESSION NUMBER: 0001433195-19-000063 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191001 FILED AS OF DATE: 20191003 DATE AS OF CHANGE: 20191003 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: 191136951 MAIL ADDRESS: STREET 1: 4942 LA GAMA WAY CITY: SANTA BARBARA STATE: CA ZIP: 93111 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 wf-form4_157014015377674.xml FORM 4 X0306 4 2019-10-01 0 0001433195 APPFOLIO INC APPF 0001671594 Randall Jason Robert 50 CASTILIAN DRIVE SANTA BARBARA CA 93117 1 1 0 0 Chief Executive Officer Class A Common Stock 2019-10-01 4 C 0 15690 0 A 15690 I By Trust Class A Common Stock 2019-10-01 4 S 0 15690 95.163 D 0 I By Trust Class B Common Stock 0.0 2019-10-01 4 C 0 15690 0 D Class A Common Stock 15690.0 24310 I By Trust These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Randall on or around July 31, 2019. This transaction was executed in multiple trades with sales prices ranging from $95.00 to $95.72. The price reported above reflects the weighted average sales price for the cumulative trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades. All of the 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 Company'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. 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, except for any transfers (i) by a partnership or limited liability company that was a registered holder of shares of Class B Common Stock to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) 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. The shares of Class B Common reported on the table above are held by the Jason R Randall & Christina L Walman Revocable Trust Dated 06/01/17 of which Mr. Randall is a Trustee. /s/Ida Kane, as Attorney-in-Fact for Jason Robert Randall 2019-10-03