SEC Form 4 · accession 0000899243-17-008549

APPFOLIO INC · APPF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

William E Oberndorf

10% Owner

PETER C OBERNDORF TRUST

10% Owner

WILLIAM ERNST OBERNDORF TRUST

10% Owner

Caroline G Oberndorf

10% Owner

Period of report

Mar 22, 2017

Accepted (ET)

Mar 24, 2017 · 6:00 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 stock^F1	Mar 22, 2017	S	35,200	$24.07	D	10,700	I	See Footnote
Class A common stock^F2	Mar 22, 2017	S	300	$24.07	D	30	I	See Footnote
Class A common stock^F3	Mar 22, 2017	S	4,500	$24.07	D	8,612	I	See Footnote
Class A common stock^F4	holding	—	—		—	506,171	D
Class A common stock^F5	holding	—	—		—	185,269	I	See Footnote
Class A common stock^F6	holding	—	—		—	631,086	I	See Footnote
Class A common stock^F7	holding	—	—		—	4,100	I	See Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1These 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 William E. Oberndorf ("WEO") in his capacity as trustee for the PCO Trust. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F2These shares are directly owned by WEO's aunt, Caroline G. Oberndorf, and may be deemed to be indirectly beneficially owned by WEO in his capacity as an authorized signatory for the account of Caroline G. Oberndorf. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3These shares are owned directly by the William E. Oberndorf Irrevocable Trust, dated 6/30/89 ("Oberndorf Irrevocable Trust"), and may be deemed to be indirectly beneficially owned by WEO in his capacity as trustee for the Oberndorf Irrevocable Trust. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4These shares are held in the self-directed Individual Retirement Account of WEO.
F5These 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.
F6These shares are owned directly by Oberndorf Investments LLC, a Delaware limited liability company ("OBI"), and may be deemed to be indirectly beneficially owned by WEO as the sole controlling person of OBI. WEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F7These 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.