SEC Form 4 · accession 0001209191-17-044573
APPFOLIO INC · APPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
DRAGONEER GLOBAL FUND II, L.P.
10% Owner
Marc Stad
10% Owner
Dragoneer Apartment, LLC
10% Owner
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 4:31 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 | Jul 6, 2017 | S | 4,621 | $31.50 | D | 77,621 | D | |
| Class A Common StockF1,F2 | Jul 6, 2017 | S | 95,379 | $31.50 | D | 1,798,271 | I | Refer to Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Stad is the managing member of Dragoneer Global GP, LLC ("Dragoneer GP"), Dragoneer Global GP II, LLC ("Global GP II"), and Dragoneer Investment Group, LLC ("Dragoneer Adviser"). Dragoneer GP is the manager of Dragoneer Apartment, LLC ("Dragoneer Apartment Fund") and Global GP II is the general partner of Dragoneer Global Fund II, L.P. ("Dragoneer Global Fund II" and, together with Dragoneer GP, Dragoneer Adviser, Dragoneer Apartment Fund, and Global GP II, the "Dragoneer Entities") which, along with certain other funds and managed accounts associated with the Dragoneer Entities and Mr. Stad, sold shares of Class A Common Stock reported in the table above. Dragoneer Global Fund II sold 56,856 shares of Class A Common Stock, Dragoneer Apartment Fund sold 22,394 shares of Class A Common Stock, and certain other funds and managed accounts sold 16,129 shares of Class A Common Stock.
- F2By virtue of the foregoing relationships, Mr. Stad and each of the Dragoneer Entities may be deemed to share beneficial ownership of some or all of the securities reported above. Mr. Stad and each of the Dragoneer Entities disclaims beneficial ownership of the reported securities, except to the extent of their respective pecuniary interest therein.