0001140361-17-012153.txt : 20170315 0001140361-17-012153.hdr.sgml : 20170315 20170315173122 ACCESSION NUMBER: 0001140361-17-012153 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170313 FILED AS OF DATE: 20170315 DATE AS OF CHANGE: 20170315 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: Keenan Charles J IV CENTRAL INDEX KEY: 0001647794 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 17692238 MAIL ADDRESS: STREET 1: 1229 BURLINGAME AVENUE STREET 2: SUITE 201 CITY: BURLINGAME STATE: CA ZIP: 94010 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Keenan Capital GP, LLC CENTRAL INDEX KEY: 0001647658 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 17692239 BUSINESS ADDRESS: STREET 1: 1229 BURLINGAME AVENUE STREET 2: SUITE 201 CITY: BURLINGAME STATE: CA ZIP: 94010 BUSINESS PHONE: 650-344-3332 MAIL ADDRESS: STREET 1: 1229 BURLINGAME AVENUE STREET 2: SUITE 201 CITY: BURLINGAME STATE: CA ZIP: 94010 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Keenan Capital, LLC CENTRAL INDEX KEY: 0001647363 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37468 FILM NUMBER: 17692240 BUSINESS ADDRESS: STREET 1: 1229 BURLINGAME AVENUE STREET 2: SUITE 201 CITY: BURLINGAME STATE: CA ZIP: 94010 BUSINESS PHONE: 650-344-3332 MAIL ADDRESS: STREET 1: 1229 BURLINGAME AVENUE STREET 2: SUITE 201 CITY: BURLINGAME STATE: CA ZIP: 94010 4 1 doc1.xml FORM 4 X0306 4 2017-03-13 0 0001433195 APPFOLIO INC APPF 0001647363 Keenan Capital, LLC 1229 BURLINGAME AVENUE SUITE 201 BURLINGAME CA 94010 0 0 1 0 0001647658 Keenan Capital GP, LLC 1229 BURLINGAME AVENUE SUITE 201 BURLINGAME CA 94010 0 0 1 0 0001647794 Keenan Charles J IV 1229 BURLINGAME AVENUE SUITE 201 BURLINGAME CA 94010 0 0 1 0 CLASS A COMMON STOCK 2017-03-13 4 S 0 3632 24.61 D 1238857 I By Partnership CLASS A COMMON STOCK 2017-03-15 4 S 0 200000 24.00 D 1038857 I By Partnership The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $24.93, inclusive. The reporting persons undertake to provide to AppFolio, Inc., any security holder of AppFolio, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1). Mr. Keenan is the beneficial owner of 77,944 shares of Class A common stock over which he has sole voting and dispositive power. Mr. Keenan may also be deemed to beneficially own an additional 205,056 shares of Class A common stock held through family trust accounts for which he is either a co-trustee or a beneficiary. Mr. Keenan shares voting and dispositive power over the shares of Class A common stock held through such accounts. These shares are owned directly by Keenan Capital Fund, LP ("KCF") and indirectly by Keenan Capital GP, LLC ("KCGP"), the general partner of KCF with voting and investment authority over these shares. KCGP has delegated such authority to Keenan Capital, LLC ("Keenan Capital"), the manager of KCF. Accordingly, KCGP disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest KCGP may have therein. As sole owner and Manager of Keenan Capital, Charles J. Keenan, IV ("Mr. Keenan") may be deemed to be the indirect beneficial owner of these shares. /s/ Charles J. Keenan, IV 2017-03-15 /s/ Charles J. Keenan, IV, Authorized Officer 2017-03-15