0001433195-22-000122.txt : 20221114 0001433195-22-000122.hdr.sgml : 20221114 20221114192534 ACCESSION NUMBER: 0001433195-22-000122 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221110 FILED AS OF DATE: 20221114 DATE AS OF CHANGE: 20221114 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: 221388641 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: 70 CASTILIAN DRIVE CITY: SANTA BARBARA STATE: CA ZIP: 93117 BUSINESS PHONE: 8053646047 MAIL ADDRESS: STREET 1: 70 CASTILIAN DRIVE CITY: SANTA BARBARA STATE: CA ZIP: 93117 4 1 wf-form4_166847189352511.xml FORM 4 X0306 4 2022-11-10 0 0001433195 APPFOLIO INC APPF 0001643523 Walker Jonathan 70 CASTILIAN DRIVE SANTA BARBARA CA 93117 0 1 0 0 Founder Class A Common Stock 2022-11-10 4 F 0 480 120.71 D 26348 D Class A Common Stock 606447 I By Trust Class B Common Stock 0.0 Class A Common Stock 26925.0 26925 I By Trust Class B Common Stock 0.0 Class A Common Stock 7194.0 7194 D Consists of Class A Common Stock withheld by the Issuer to satisfy the minimum tax withholding obligations of the Reporting Person arising in connection with the vesting on November 10, 2022 of 6.25% of the time-based restricted stock units (RSUs) previously granted to the Reporting Person on December 13, 2021 pursuant to the Issuer's 2015 Stock Incentive Plan. 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 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. /s/ Matthew Mazza, as Attorney-In-Fact for Jonathan Walker 2022-11-11