Company: APPF
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001433195-25-000061
Chunk: 50

Company: APPFOLIO INC
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 50
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     | 1/19/21  |     |            |     | — |     |               |   |                                                         |     |       — |     |    |   |                                                         |     |       — |     |    |   |                                                              |     |      — |     |    |   |                       |     | — |          |    |   |                        |     |    291 |     |                                                     -17 |        |     |     |    71,796 |     |                                                                      |           |     |    |
| Fay Sien Goon(18) |     |          |     |            |     |   |     |               | — |                                                         |     |         |     |    | — |                                                         |     |         |     |    | — |                                                              |     |        |     |    | — |                       |     |   |          |    | — |                        |     |        |     |                                                         |      — |     |     |           |     |                                                                      |         — |     |    |

(1) The amounts shown in this column were calculated based on the closing price of our Class A Common Stock on December 31, 2024 (the last trading day of fiscal year 2024), which was $246.72.

(2) The amount shown represents 2024 PSU Awards of our Class A Common Stock granted to the applicable named executive officer on January 24, 2024 pursuant to the 2015 Plan. Such performance awards vest based on the achievement of pre-established financial metrics with a December 31, 2024 measurement date, and are reflected in the table as earned at 123% of target. One-third of the performance-vested 2024 PSU Awards fully vested on achievement of the performance metrics on February 10, 2025. The remaining shares will vest quarterly through February 10, 2027, subject to the applicable named executive officer’s continued employment through the applicable vesting dates.

(3) The amount shown represents time-based restricted stock unit awards of our Class A Common Stock granted to the applicable named executive officer on January 24, 2024 pursuant to the 2015 Plan. These awards vest over four years in equal quarterly installments, commencing on May 10, 2024, subject to the applicable named executive officer’s continued employment through the applicable vesting date.

(4) In connection with Mr. Trigg's appointment as the Company’s President and Chief Executive Officer