Jonathan Walker - 25 Feb 2022 Form 4 Insider Report for APPFOLIO INC (APPF)

Role
Chief Technology Officer
Signature
/s/ Matthew Mazza, as Attorney-In-Fact for Jonathan Walker
Issuer symbol
APPF
Transactions as of
25 Feb 2022
Net transactions value
+$651,443
Form type
4
Filing time
01 Mar 2022, 19:00:14 UTC
Previous filing
31 Jan 2022
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Award $868,590 +7,688 +35% $112.98 29,710 25 Feb 2022 Direct F1
transaction APPF Class A Common Stock Tax liability $217,148 -1,922 -6.5% $112.98 27,788 25 Feb 2022 Direct F2
holding APPF Class A Common Stock 594,280 25 Feb 2022 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of performance-based restricted stock units (PSUs) granted pursuant to the Issuer's 2015 Stock Incentive Plan. The PSUs were earned and vested as to 100% based on achievement of pre-established performance criteria.
F2 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 February 25, 2022 of 100% of the performance-based restricted stock units (PSUs) granted to the Reporting Person on February 25, 2022 pursuant to the Issuer's 2015 Stock Incentive Plan.