0001433195-20-000010.txt : 20200219 0001433195-20-000010.hdr.sgml : 20200219 20200219200145 ACCESSION NUMBER: 0001433195-20-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200218 FILED AS OF DATE: 20200219 DATE AS OF CHANGE: 20200219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Walker Jonathan CENTRAL INDEX KEY: 0001643523 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 20632095 MAIL ADDRESS: STREET 1: 50 CASTILIAN DRIVE CITY: GOLETA STATE: CA ZIP: 93117 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_158216048768868.xml FORM 4 X0306 4 2020-02-18 0 0001433195 APPFOLIO INC APPF 0001643523 Walker Jonathan 50 CASTILIAN DRIVE SANTA BARBARA CA 93117 0 1 0 0 Chief Technology Officer Class A Common Stock 2020-02-18 4 C 0 12761 0 A 16489 D Class A Common Stock 2020-02-18 4 S 0 6248 140.13 D 10241 D Class A Common Stock 2020-02-18 4 S 0 6320 140.94 D 3921 D Class A Common Stock 2020-02-18 4 S 0 193 141.82 D 3728 D Class A Common Stock 2020-02-19 4 C 0 17239 0 A 20967 D Class A Common Stock 2020-02-19 4 S 0 2237 141.83 D 18730 D Class A Common Stock 2020-02-19 4 S 0 13702 142.94 D 5028 D Class A Common Stock 2020-02-19 4 S 0 1300 143.44 D 3728 D Class B Common Stock 0.0 2020-02-18 4 C 0 12761 0 D Class A Common Stock 12761.0 1471889 D Class B Common Stock 0.0 2020-02-19 4 C 0 17239 0 D Class A Common Stock 17239.0 1454650 D These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Walker on or around October 30, 2019. This transaction was executed in multiple trades with sales prices ranging from $139.65 to $140.60. 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. This transaction was executed in multiple trades with sales prices ranging from $140.65 to $141.36. 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. This transaction was executed in multiple trades with sales prices ranging from $141.70 to $141.95. 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. This transaction was executed in multiple trades with sales prices ranging from $141.25 to $142.24. 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. This transaction was executed in multiple trades with sales prices ranging from $142.35 to $143.34. 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. This transaction was executed in multiple trades with sales prices ranging from $143.37 to $143.68. 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. 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 by (i) 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) a transfer 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. 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. /s/ Ida Kane, as Attorney-In-Fact for Jonathan Walker 2020-02-19