Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-22-028303
Date:2022-08-08
Issuer: APPFOLIO INC (APPF)
Original Submission Date:

Reporting Person:

BLISS TIMOTHY K
C/O IGSB, INC.
1485 E. VALLEY ROAD, SUITE H SANTA BARBARA, CA 93108

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2022-08-08 S 2,594 d $107.54 47,406 direct
CLASS A COMMON STOCK 2022-08-08 S 140 d $108.22 47,266 direct
CLASS A COMMON STOCK 2022-08-09 S 1,639 d $104.74 45,627 direct
CLASS A COMMON STOCK 2022-08-09 S 2,125 d $105.58 43,502 direct
CLASS A COMMON STOCK 2022-08-09 S 3,236 d $106.36 40,266 direct
CLASS A COMMON STOCK 2022-08-10 S 3,028 d $110.18 37,238 direct
CLASS A COMMON STOCK 2022-08-10 S 2,739 d $110.83 34,499 direct
CLASS A COMMON STOCK 2022-08-10 S 705 d $111.78 33,794 direct
CLASS A COMMON STOCK 2022-08-08 0 $0.00 13,072 indirect f9
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $107.05 to $108.03, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f2 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $108.085 to $108.245, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f3 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $104.04 to $105.03, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f4 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $105.04 to $105.92, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f5 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $106.05 to $106.68, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f6 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $109.59 to $110.58, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f7 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $110.59 to $111.58, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f8 this price reflects the weighted average price at which these shares were sold. the shares were sold in multiple transactions at prices ranging from $111.62 to $111.90, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer, 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.
f9 these class a shares are owned by igsb ivp iii llc, a private investment fund managed by investment group of santa barbara llc ("igsb"). the reporting person is one of the members of igsb and may be deemed to share voting and dispositive power with igsb and its other members over these class a shares. however, the reporting person disclaims beneficial ownership of these class a shares, except to the extent of any pecuniary interest he may have therein.
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