Bliss Timothy K's Form 4 filing
Appfolio Inc (APPF) · filed May 22, 2024
- Accession no.
- 0000950170-24-063742
- Filed
- May 22, 2024
- Trade date
- May 20-22, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 19 non-derivative transactions and 1 derivative transaction. Open-market sales total $12.2M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bliss Timothy KCIK 0000938332 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −915 | $242.38F1 | −$221,777.7 | 9,839 | Direct | |
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −3,357 | $243.23F2 | −$816,523.11 | 6,482 | Direct | |
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −2,128 | $244.14F3 | −$519,529.92 | 4,354 | Direct | |
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −3,376 | $242.38F4 | −$818,274.88 | 36,279 | Indirect | |
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −12,379 | $243.23F5 | −$3,010,944.17 | 23,900 | Indirect | |
| May 20, 2024 | Class A Common Stock | SSaleDisposed | −7,845 | $244.14F6 | −$1,915,278.3 | 16,055 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −3,202 | $238.43F7 | −$763,452.86 | 1,152 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −327 | $239.29F8 | −$78,247.83 | 825 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −174 | $240.61F9 | −$41,866.14 | 651 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −442 | $241.70F10 | −$106,831.4 | 209 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −145 | $242.61F11 | −$35,178.45 | 64 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −64 | $243.55F12 | −$15,587.2 | 0 | Direct | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −11,806 | $238.43F13 | −$2,814,904.58 | 4,249 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −1,207 | $239.29F14 | −$288,823.03 | 3,042 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −643 | $240.61F15 | −$154,712.23 | 2,399 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −1,630 | $241.70F16 | −$393,971 | 769 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −533 | $242.61F17 | −$129,311.13 | 236 | Indirect | |
| May 21, 2024 | Class A Common Stock | SSaleDisposed | −236 | $243.55F18 | −$57,477.8 | 0 | Indirect | |
| May 22, 2024 | Class A Common Stock | CConversionAcquired | +100,000 | $0.00F19,F20,F21 | $0 | 100,000 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 22, 2024 | Class B Common Stock | CConversionDisposed | −100,000 | $0.00 | $0 | 417,290 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.70 to $242.69, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F2
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.73 to $243.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F3
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.73 to $244.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.70 to $242.69, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.73 to $243.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.73 to $244.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $238.01 to $238.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $239.03 to $240.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F9
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $240.17 to $240.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F10
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.24 to $242.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F11
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.27 to $243.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F12
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.30 to $243.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F13
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $238.01 to $238.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F14
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $239.03 to $240.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F15
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $240.17 to $240.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F16
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $241.24 to $242.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F17
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $242.27 to $243.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F18
This price reflects the weighted average price at which these shares were sold. The shares were sold in multiple transactions at prices ranging from $243.30 to $243.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F19
These 100,000 shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of 100,000 shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been owned by the Reporting Person.
Referenced by the price of 1 transaction in Table I.
- F20
Each Class B Share is convertible, at any time at the option of the holder, into one share of the Issuer's Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one-for-one basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation).
Referenced by the price of 1 transaction in Table I.
- F21
(Continued from Footnote 20) The Issuer's Class B Shares do not have an expiration date. However, all of the outstanding Class B Shares will convert automatically into Class A Shares, on a one-for-one basis, on the date when the number of the Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares.
Referenced by the price of 1 transaction in Table I.