William Shane Trigg - 24 Jan 2023 Form 4 Insider Report for APPFOLIO INC (APPF)

Signature
/s/ Matthew Mazza, as Attorney-in-Fact, for William Shane Trigg
Issuer symbol
APPF
Transactions as of
24 Jan 2023
Transactions value $
-$136,454
Form type
4
Filing time
26 Jan 2023, 19:06:12 UTC
Previous filing
14 Nov 2022
Next filing
14 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APPF Class A Common Stock Tax liability -$136,454 -1,146 -2.86% $119.07 38,855 24 Jan 2023 Direct F1
transaction APPF Class A Common Stock Award $0 +25,027 +64.41% $0 63,882 24 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 January 24, 2023 of the performance-based restricted stock units (RSUs) previously granted to the Reporting Person in April 2020 pursuant to the Issuer's 2015 Stock Incentive Plan.
F2 Represents a grant of time-based restricted stock units (RSUs) granted pursuant to the Issuer's 2015 Stock Incentive Plan. The RSUs shall vest over four years with 1/16th of the restricted stock units vesting quarterly beginning May 10, 2023.