Company: APPF
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001433195-25-000061
Chunk: 39

Company: APPFOLIO INC
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 39
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1) |     |       |   400,124 |     |        |     | 2,296 |

(1) Ms. Goon received a prorated portion of the 2024 equity award pursuant to the terms of the Transition and Separation Agreement she entered into with the Company. Please see the section below titled "Potential Payments Upon Termination or Change in Control" for further details regarding such agreement.

#### 332025 Proxy Statement
| Executive Compensation |

The foregoing time-based restricted stock unit grants vest quarterly over four years in equal installments, subject to continued employment with us through the applicable vesting date and will be settled in shares of our Class A Common Stock.

#### Performance-Based Restricted Stock Unit Grants

#### PSU Awards
Our Compensation Committee approved the following performance-based restricted stock unit grants ("PSU Awards") with respect to the 2024 fiscal year:

| Name             |     | Value at Target(1) 
 ($)                |           |     | Shares at Target(1) 
 (#)                 |        |
| Shane Trigg      |     |                    | 1,800,144 |     |                     | 10,332 |
| Tim Eaton(2)     |     |                    |         — |     |                     |      — |
| Matt Mazza       |     |                    |   960,007 |     |                     |  5,510 |
| Fay Sien Goon(3) |     |                    |   600,048 |     |                     |  3,444 |

(1) The value of the award and number of shares assumes 100% performance metric achievement.

(2) Mr. Eaton was not a named executive officer at the time the 2024 PSU Awards were granted and did not receive a 2024 PSU Award.

(3) Ms. Goon received a prorated portion of the 2024 PSU award pursuant to the terms of the Transition and Separation Agreement she entered into with the Company. Please see the section below titled "Potential Payments Upon Termination or Change in Control" for further details regarding such agreement.

The foregoing PSU Awards are collectively referred to as the " 2024 PSU Awards". The 2024 PSU Awards performance-vested based on the achievement of the pre-established performance metrics measured over a one-year performance period ending on December 31, 2024, and will be settled in shares of our Class A common stock.

The 2024 PSU Awards were tied to the achievement of the