Company: APPF
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001433195-25-000061
Chunk: 64

Company: APPFOLIO INC
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 64
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 1, 2024 through October 25, 2024 ($367,397); (ii) $18,545 for the cost to the Company to provide 12 months of COBRA premiums; (iii) $10,000 for the continued participation in the Company’s Executive Medical Reimbursement Program through the end of calendar year 2024; and (iv) $6,412,031 for the accelerated vesting of 15,941 time-based restricted stock units and 14,256 PSU Awards upon termination based on the closing price of the Company’s common stock on October 25, 2024.

#### CEO Pay Ratio
Item 402(u) of Regulation S-K requires the Company to disclose the following information for fiscal year 2024:

• The fiscal year 2024 total compensation of our Chief Executive Officer was $5,018,965.

• The fiscal year 2024 total compensation of our median employee was $200,472.

• The ratio of the fiscal year 2024 total compensation of our Chief Executive Officer’s to the fiscal year 2024 total compensation of our median employee was approximately 25:1.

As permitted by Item 402(u) of Regulation S-K, we used the same median employee for fiscal year 2024 as we used for fiscal year 2023, as there was no change during fiscal year 2024 to our median employee's circumstances, our employee population, or our employee compensation arrangements that we believe would significantly impact the pay ratio disclosure. When determining the median employee in 2023, we applied the following methodology:

• Identified the median employee based on the measurement date of December 31, 2023, as disclosed in our 2023 proxy statement.

• Determined our median employee based on the total compensation (including, as applicable, annualized base salary, equity-based compensation reflecting grant date fair value, and cash incentive compensation paid) of our entire employee population, excluding our CEO for the 12 months ending December 31, 2023.

• Calculated the total compensation of our employees based on information derived from our payroll and stock administration systems.

For purposes of the 2024 CEO Pay Ratio, we recalculated the total compensation as described above for the median employee as of December 31, 2024. With respect to the annual total compensation of our Chief Executive Officer, we used the amount for fiscal year 2024 reported in the "Total" column of the "Summary Compensation Table." The annual total compensation of our