0001433195-20-000071.txt : 20200824 0001433195-20-000071.hdr.sgml : 20200824 20200824200047 ACCESSION NUMBER: 0001433195-20-000071 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200820 FILED AS OF DATE: 20200824 DATE AS OF CHANGE: 20200824 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schauser Klaus CENTRAL INDEX KEY: 0001643445 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 201129187 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_159831363171720.xml FORM 4 X0306 4 2020-08-20 0 0001433195 APPFOLIO INC APPF 0001643445 Schauser Klaus 50 CASTILIAN DRIVE SANTA BARBARA CA 93117 1 0 1 0 Class A Common Stock 2020-08-20 4 C 0 4761 0 A 4761 I By 1206 Family Trust Class A Common Stock 2020-08-20 4 S 0 4761 170.1432 D 0 I By 1206 Family Trust Class A Common Stock 2020-08-24 4 C 0 1104 0 A 1104 I By 1206 Family Trust Class A Common Stock 2020-08-24 4 S 0 1104 170.2237 D 0 I By 1206 Family Trust Class B Common Stock 0.0 2020-08-20 4 C 0 4761 0 D Class A Common Stock 4761.0 4590199 I By 1206 Family Trust Class B Common Stock 0.0 2020-08-24 4 C 0 1104 0 D Class A Common Stock 1104.0 4589095 I By 1206 Family Trust Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees. These shares were sold pursuant to a Rule 10b5-1 Plan previously adopted by Mr. Schauser. This transaction was executed in multiple trades with sales prices ranging from $170.00 to $170.71. 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 $170.05 to $170.54. 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 that occurs after the consummation of the IPO, except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO 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 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 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/ Ida Kane, as Attorney-In-Fact for Klaus Schauser 2020-08-24