Janet Kerr - Jun 14, 2024 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Director
Signature
/s/ Evan Pickering as Attorney-in-Fact for Janet Kerr
Stock symbol
APPF
Transactions as of
Jun 14, 2024
Transactions value $
-$580,818
Form type
4
Date filed
6/18/2024, 05:03 PM
Previous filing
Jun 24, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Sale -$419K -1.8K -11.48% $232.77 13.9K Jun 14, 2024 By Trust F1, F2
transaction APPF Class A Common Stock Sale -$116K -500 -3.6% $231.56 13.4K Jun 14, 2024 By Trust F2, F3
transaction APPF Class A Common Stock Sale -$46.1K -200 -1.49% $230.26 13.2K Jun 14, 2024 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades with sales prices ranging from $233.00 to $232.55. 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.
F2 The shares of Class A Common Stock reported on the table above are held by the Janet Kerr Living Trust dated 7/16/2014, of which Ms. Kerr is the Trustee.
F3 This transaction was executed in multiple trades with sales prices ranging from $231.91 to $231.08 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.