Company: APPF
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001433195-25-000061
Chunk: 76

Company: APPFOLIO INC
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 76
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ed GAAP operating margin is defined as GAAP operating margin less non-recurring transactions such as lease remeasurements or impairments and executive departures.

#### 552025 Proxy Statement
| Pay Versus Performance |

#### Delinquent Section 16(a) Reports
Section 16 of the Exchange Act requires our directors, named executive officers and persons who own more than 10% of our Class A Common Stock or Class B Common Stock, whom we collectively refer to as our "reporting persons," to report to the SEC on a timely basis their initiation status as a reporting person and any changes in their respective beneficial ownership of our registered equity securities.

Based solely on a review of the reports filed by, and written representations from, our reporting persons, we believe that during 2024, all of our reporting persons complied with all applicable SEC filing requirements under Section 16 of the Exchange Act, except that the following three Form 4s were filed on an untimely basis: Messrs. Trigg, Mazza, and Eaton each filed one late report on November 13, 2024 that was due on November 12, 2024 in connection with the withholding of Class A Common Stock by the Company to satisfy minimum tax withholding obligations arising in connection with the vesting on November 10, 2024 of previously issued restricted stock units.

#### 562025 Proxy Statement
| Related Party Transactions |

#### Certain Relationships and Transactions
Since January 1, 2024, there has not been any, and there is no currently proposed transaction or series of similar transactions in which we were or will be a participant for which the amount involved exceeds $120,000 and in which any director, director nominee, named executive officer, holder of more than 5% of our Class A Common Stock or Class B Common Stock, or any member of the immediate family of any of the foregoing, had or will have a direct or indirect material interest.

Policies and Procedures for Approval of Related Party Transactions

We have adopted a written Related Party Transaction Policy. Pursuant to this policy, the Chairperson of our Audit Committee is charged with primary responsibility for determining whether, based on the particular facts and circumstances, a related person (as defined in the policy) has a direct or indirect material interest in a proposed or existing transaction involving us. Any director, officer or other employee who becomes aware of a transaction or relationship that could reasonably be expected to give rise to a conflict of interest is required to disclose the matter promptly to the Chairperson