SEC Form 4 · accession 0000899243-15-006452
APPFOLIO INC · APPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 6, 2015
Accepted (ET)
Oct 8, 2015 · 12:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001433195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1,F2 | Oct 6, 2015 | P | 666,667 | $16.50 | A | 1,135,567 | I | See Footnote |
| Class A common stockF3 | holding | — | — | — | 506,171 | D | ||
| Class A common stockF4 | holding | — | — | — | 182,788 | I | See Footnote | |
| Class A common stockF5 | holding | — | — | — | 4,100 | I | See Footnote | |
| Class A common stockF6 | holding | — | — | — | 45,900 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Oberndorf Investments LLC, a Delaware limited liability company ("OBI"), acquired 666,667 shares of Class B common stock of the issuer which automatically converted into 666,667 shares of Class A common stock of the issuer upon acquisition.
- F2These shares are owned directly by OBI, and may be deemed to be indirectly beneficially owned by William E. Oberndorf ("WEO") as the sole controlling person of OBI. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3These shares are held in the self-directed Individual Retirement Account of WEO.
- F4These shares are owned directly by the Bill & Susan Oberndorf Foundation, a California corporation ("Oberndorf Foundation"), and may be deemed to be indirectly beneficially owned by WEO as a controlling person of Oberndorf Foundation. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F5These shares are directly owned by WEO's child Peter C. Oberndorf, and may be deemed to be indirectly beneficially owned by WEO. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F6These shares are owned directly by the Peter Oberndorf Irrevocable Trust, dated 6/30/89 ("PCO Trust"), and may be deemed to be indirectly beneficially owned by WEO in his capacity as sole trustee for the PCO Trust. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.