<SEC-DOCUMENT>0000891836-19-000008.txt : 20190214
<SEC-HEADER>0000891836-19-000008.hdr.sgml : 20190214
<ACCEPTANCE-DATETIME>20190214161535
ACCESSION NUMBER:		0000891836-19-000008
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20190214
DATE AS OF CHANGE:		20190214
GROUP MEMBERS:		BILL & SUSAN OBERNDORF FOUNDATION
GROUP MEMBERS:		CAROLINE G. OBERNDORF
GROUP MEMBERS:		OBERNDORF INVESTMENTS LLC
GROUP MEMBERS:		PETER C. OBERNDORF
GROUP MEMBERS:		WILLIAM OBERNDORF

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APPFOLIO INC
		CENTRAL INDEX KEY:			0001433195
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				260359894
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-88911
		FILM NUMBER:		19606496

	BUSINESS ADDRESS:	
		STREET 1:		50 CASTILIAN DRIVE
		CITY:			GOLETA
		STATE:			CA
		ZIP:			93117
		BUSINESS PHONE:		8053646093

	MAIL ADDRESS:	
		STREET 1:		50 CASTILIAN DRIVE
		CITY:			GOLETA
		STATE:			CA
		ZIP:			93117

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OBERNDORF WILLIAM E
		CENTRAL INDEX KEY:			0001218663

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	MAIL ADDRESS:	
		STREET 1:		615 FRONT STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>sc0002.htm
<DESCRIPTION>AMENDMENT NO. 2 TO SCHEDULE 13G
<TEXT>
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  <div style="text-align: center; line-height: 18.25pt; margin-top: 9pt;"><font style="font-family: 'Times New Roman', serif; font-size: 16pt; font-weight: bold;">UNITED STATES</font></div>
  <div style="text-align: center; line-height: 18.25pt;"><font style="font-family: 'Times New Roman', serif; font-size: 16pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font></div>
  <div style="text-align: center; line-height: 15.95pt;"><font style="font-family: 'Times New Roman', serif; font-size: 14pt; font-weight: bold;">Washington, D.C. 20549</font></div>
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  <div style="text-align: center; line-height: 15.95pt;"><font style="font-family: 'Times New Roman', serif; font-size: 14pt; font-weight: bold;">SCHEDULE 13G</font></div>
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  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Under the Securities Exchange Act of 1934</font></div>
  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">(Amendment No. 2)*</font></div>
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  <div style="text-align: center; line-height: 20.5pt;"><font style="font-family: 'Times New Roman', serif; font-size: 18pt; font-weight: bold;">AppFolio, Inc.</font></div>
  <div style="text-align: center; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(Name of Issuer)</font></div>
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  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Class A Common Stock</font></div>
  <div style="text-align: center; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(Title of Class of Securities)</font></div>
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  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">03783C100</font></div>
  <div style="text-align: center; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(CUSIP Number)</font></div>
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  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">December 31, 2018</font></div>
  <div style="text-align: center; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">(Date of Event which Requires Filing of this Statement)</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</font></div>
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  <div style="text-align: left; margin-left: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font> Rule 13d-1(b)</font></div>
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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">*</font></td>
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              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any
                  subsequent amendment containing information which would alter disclosures provided in a prior cover page.</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the
      Securities Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
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          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">William E. Oberndorf</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">USA</font></div>
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          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
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        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">312,397 (1)</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
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        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">856,392 (2)</font></div>
        </td>
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        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">312,397 (1)</font></div>
        </td>
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        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">856,392 (2)</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">1,168,789</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">7.3% (3)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(IN)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z0e26506df9ed4b1daa80e2edf8b412c9">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">These shares are held in William E. Oberndorf&#8217;s Individual Retirement Account, which is self-directed.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z87e7c1885b1e4dfc9cff5edda27ef4f0">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Of these shares, 70,616 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as a controlling person of the Bill &amp; Susan
                  Oberndorf Foundation, 768,886 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as the sole controlling person of Oberndorf Investments LLC, 10,700 shares may be deemed to be beneficially owned
                  by William E. Oberndorf solely in his capacity as an authorized signatory for the account of Peter C. Oberndorf, 30 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as an authorized signatory
                  for the account of Caroline G. Oberndorf and 6,160 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as an authorized signatory for the account of William Oberndorf.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z6e13a5f2f4544a0185e2fe24051dc274">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(3)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">2</font></div>
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="3" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zbff403e0e6744edab5ea7c459311e3c6">

      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">Bill &amp; Susan Oberndorf Foundation</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">California</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" rowspan="4" style="width: 15.01%; vertical-align: middle; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
        <td style="width: 78%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">70,616 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">70,616 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">70,616</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0.4% (2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(CO)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z5c18ee915e014b14945298b9a043ba7a">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Power is exercised through its two directors, William E. Oberndorf and Susan C. Oberndorf.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z7b298e340b534740b39ad6920f359742">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">3</font></div>
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="3" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1fdcc75203674998a859f3c88e321de9">

      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">Oberndorf Investments LLC</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">Delaware</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" rowspan="4" style="width: 15.01%; vertical-align: middle; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
        <td style="width: 78%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">768,886 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">768,886 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">768,886</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">4.8% (2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(OO)</font><font style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-style: normal;
              font-variant: normal; text-transform: none;"><font style="font-size: 13pt;"> &#8211; limited liability company</font><font style="font-family: 'Times New Roman', serif; font-size: 13pt;"> </font></font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z73c24214b06842aabe835cb59c1d3e77">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Power is exercised through William E. Oberndorf as the sole member of the manager of Oberndorf Investments LLC.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z76bc3ad345a74834913c2686f40e908b">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">4</font></div>
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="3" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z676359e781b64387a93e98d681635eb9">

      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">Peter C. Oberndorf</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">USA</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" rowspan="4" style="width: 15.01%; vertical-align: middle; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
        <td style="width: 78%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">850 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">10,700 (2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">850 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">10,700 (2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">11,550</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0.1% (3)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(IN)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z7e056b8371bd4ba88027de4c08d665ab">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">These shares are held in Peter C. Oberndorf&#8217;s Individual Retirement Account, which is self-directed.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zca5ccd315e324930a7d6516ee427bf7e">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William E. Oberndorf is an authorized signatory for the account of Peter C. Oberndorf.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zd0817c8eeba04c5490fc59762f0f7edd">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(3)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">5</font></div>
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="3" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z382fa4cd5bf54e60b7b489f4d368127e">

      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">Caroline G. Oberndorf</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">USA</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" rowspan="4" style="width: 15.01%; vertical-align: middle; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
        <td style="width: 78%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">30 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">30 (1)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">30</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">**0.1% (2)</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(IN)</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z3ffc5395e4c444d7abb188a7c21f4fe8">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William E. Oberndorf is an authorized signatory for the account of Caroline G. Oberndorf.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="za35166be4330467ba5f58fcd0769054b">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zbb14dc59bbad488d9a979162648cc1f8">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">**</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Denotes less than.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">6</font></div>
    <div style="page-break-after:always;" id="DSPFPageBreak">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP&#160;No. 03783C100</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="3" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zc7634bc5d8a8484998ef307f41671b9c">

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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Names of Reporting Persons</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">William Oberndorf</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">2.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check the Appropriate Box if a Member of a Group (See Instructions)</font></div>
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9744;</font>&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (b) <font style="font-family: 'Times New Roman', Times, serif; font-size: 12pt;">&#9746;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">3.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">SEC Use Only</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Citizenship or Place of Organization</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">USA</font></div>
        </td>
      </tr>
      <tr>
        <td colspan="2" rowspan="4" style="width: 15.01%; vertical-align: middle; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Number of<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Shares<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Beneficially<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Owned by Each<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Reporting<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>Person<font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><br>
              </font>With:</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">5.</font></div>
        </td>
        <td style="width: 78%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Voting Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">6,160 (1)</font></div>
        </td>
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        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Sole Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">0</font></div>
        </td>
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        <td style="width: 8%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">8.</font></div>
        </td>
        <td style="width: 7%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Shared Dispositive Power</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">6,160 (1)</font></div>
        </td>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">9.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">6,160</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; <font style="font-family: 'Times New
                Roman', Times, serif; font-size: 12pt;">&#9744;</font></font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
        </td>
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      <tr>
        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Percent of Class Represented by Amount in Row (9)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">**0.1% (2)</font></div>
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        <td style="width: 7.01%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-bottom: 1px solid rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">12.</font></div>
        </td>
        <td colspan="3" style="width: 92.99%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Type of Reporting Person (See Instructions)</font></div>
          <div style="line-height: 13.7pt;"><font style="line-height: 13.7pt;">&#160;</font></div>
          <div style="text-align: left; line-height: 14.8pt;"><font style="font-family: 'Times New Roman', serif; font-size: 13pt;">(IN)</font></div>
        </td>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William E. Oberndorf is an authorized signatory for the account of William Oberndorf.</font></div>
            </td>
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  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zf5d7244d466e4e0599bcd52a7ecaf40d">

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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Based on 16,110,969 shares of Class A common stock outstanding as of October 22, 2018.</font></div>
            </td>
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  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z1c319123a7ac462ebfff668632eec0ee">

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            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">**</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Denotes less than.</font></div>
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  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; font-weight: normal; font-style: normal;">7</font></div>
    <div id="DSPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
  </div>
  <br>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Preliminary Statement<font style="font-weight: normal;">:</font></font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">This Amendment No. 2 amends the Schedule 13G filed with the Securities and Exchange Commission on February 22, 2017 and
              amended on June 22, 2017.</font></div>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item&#160;1.</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a)</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Name of Issuer</font></div>
        </td>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">AppFolio, Inc.</font></div>
        </td>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(b)</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Address of Issuer&#8217;s Principal Executive Offices</font></div>
        </td>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">50 Castilian Drive</font></div>
        </td>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Santa Barbara, CA 93117</font></div>
        </td>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 2.</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(a)</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Name of Person Filing</font></div>
        </td>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
        </td>
        <td style="width: 84.84%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 5.81%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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      <tr>
        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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      <tr>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 4.</font></div>
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          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</font></div>
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        <td style="width: 9.36%; vertical-align: top;">&#160;</td>
        <td style="width: 5.81%; vertical-align: top;">&#160;</td>
        <td style="width: 84.84%; vertical-align: top;">&#160;</td>
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  </table>
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  <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
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        <td style="width: 28.59%; vertical-align: top; background-color: rgb(255, 255, 255);">&#160;</td>
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        <td style="width: 28.59%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
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        <td style="width: 10.4%; vertical-align: bottom; background-color: rgb(255, 255, 255);">
          <div style="line-height: 14.4pt; border-bottom: 0.5pt solid black;">
            <div style="text-align: center; line-height: 11.4pt;"><font style="font-family: 'Times New Roman', serif; font-size: 10pt;">Shared</font></div>
          </div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William E. Oberndorf</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">7.3%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">1,168,789</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">312,397</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">856,392</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">312,397</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">856,392</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Bill &amp; Susan Oberndorf Foundation</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0.4%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">70,616</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">70,616</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">70,616</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Oberndorf Investments LLC</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">4.8%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">768,886</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">768,886</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">768,886</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Peter C. Oberndorf</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0.1%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">11,550</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">850</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10,700</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">850</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">10,700</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Caroline G. Oberndorf</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">**0.1%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">30</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">30</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(204, 238, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">30</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 28.59%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William Oberndorf</font></div>
        </td>
        <td style="width: 13.45%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">**0.1%</font></div>
        </td>
        <td style="width: 16.35%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6,160</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6,160</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">0</font></div>
        </td>
        <td style="width: 10.4%; vertical-align: top; background-color: rgb(255, 255, 255);">
          <div style="text-align: right; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">6,160</font></div>
        </td>
      </tr>

  </table>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">_______________</font></div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zc20471ece3cd44d48412c3ec40fff08a">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">**</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Denotes less than</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z1edba9cff6dd439180c582565231a344">

      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">The foregoing percentages are based on 16,110,969 shares of Class A common stock outstanding as of
              October 22, 2018 as set forth in AppFolio, Inc.&#8217;s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2018 filed with the Securities and Exchange Commission on October 29, 2018.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-style: italic;">Instruction.</font> For
              computations regarding securities which represent a right to acquire an underlying security <font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-style: italic;">see </font>&#167;240.13d-3(d)(1).</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 5.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Ownership of Five Percent or Less of a Class.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">If this statement is being filed to report the fact that as of the date hereof the reporting person has
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        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-style: italic;">Instruction.</font>&#160; Dissolution
              of a group requires a response to this item.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 6.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Ownership of More than Five Percent on Behalf of Another Person.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">No other persons have the right to receive or the power to direct the receipt of dividends from, or the
              proceeds from, or other proceeds from the sale of, the Class A common stock held by the Reporting Persons.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 7.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding
              Company or Control Person.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Not Applicable.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 8.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Identification and Classification of Members of the Group.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Not Applicable.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 9.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Notice of Dissolution of Group.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; text-indent: 36pt; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Not Applicable.</font></div>
        </td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Item 10.</font></div>
        </td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Certification.</font></div>
        </td>
      </tr>
      <tr>
        <td rowspan="1" style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td rowspan="1" style="width: 93.15%; vertical-align: top;">&#160;</td>
      </tr>
      <tr>
        <td style="width: 6.85%; vertical-align: top;">&#160;</td>
        <td style="width: 93.15%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired
              and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose
              or effect, other than activities solely in connection with a nomination under &#167; 240.14a-11.</font></div>
        </td>
      </tr>

  </table>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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    <div style="page-break-after:always;" id="DSPFPageBreak">
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  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">SIGNATURE</font></div>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">February 14, 2019</font></div>
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  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
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  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
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  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">EXHIBIT INDEX</font></div>
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        <td style="width: 89.47%; vertical-align: top;">&#160;</td>
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  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
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  <br>
  <br>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.A
<SEQUENCE>2
<FILENAME>ex_99-a.htm
<DESCRIPTION>AGREEMENT PURSUANT TO RULE 13D-1(K)
<TEXT>
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  <head>
    <title></title>
    <!-- Licensed to: Sullivan & Cromwell LLP
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         Copyright 1995 - 2019 Broadridge -->
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<body text="#000000" bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
  <div>
    <div style="text-align: right; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Exhibit A</div>
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    <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Pursuant to Rule 13d-1(k) or Regulation 13D-G of the General Rule and Regulations of the Securities and Exchange Commission under
        the Securities Exchange Act of 1934, as amended, the undersigned agrees that the statement to which this Exhibit is attached is filed on behalf of each of them in capacities set forth below.</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
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              <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">February 14, 2019</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
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              <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">/s/ Gary Scheier</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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              <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Gary Scheier</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William E. Oberndorf (1)</font></div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Oberndorf Investments LLC (1)</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Peter C. Oberndorf (1)</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Caroline G. Oberndorf (1)</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William Oberndorf (2)</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">A Power of Attorney authorizing Gary Scheier to act on behalf of this person or entity was previously filed.</font></div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5.64%; vertical-align: top;">&#160;</td>
          <td style="width: 44.36%; vertical-align: top;">&#160;</td>
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        <tr>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></div>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">A Power of Attorney authorizing Gary Scheier to act on behalf of this person or entity is filed as Exhibit B.</font></div>
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    <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
    </div>
  </div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.B
<SEQUENCE>3
<FILENAME>ex_99-b.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sullivan & Cromwell LLP
         Document created using EDGARfilings PROfile 5.1.0.0
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<body text="#000000" bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
  <div style="text-align: right; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Exhibit B</div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">POWER OF ATTORNEY</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">Know all by these presents, that William Oberndorf (the &#8220;Grantor&#8221;) has made, constituted and appointed, and by these presents does
      make, constitute and appoint each of William E. Oberndorf, Gary Scheier and Richard Surratt (each, an &#8220;Attorney&#8221;), the true and lawful agent and attorney-in-fact, with full power of substitution and resubstitution, of the Grantor, for and in
      Grantor&#8217;s name, place and stead, in any and all capacities, to do all or any of the following acts, matters and things:</font></div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
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          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(1)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">To sign on behalf of the Grantor statements on Schedule 13D or 13G or Forms 3, 4 and 5, or amendments thereto pursuant to Section 13(d) or Section 16 under the
                  Securities Exchange Act of 1934.</font></div>
            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" id="z7ec95c0d58ff47f78209373c83cf7806" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;">

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            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(2)</font></td>
            <td style="width: auto; vertical-align: top; text-align: left;">
              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">To do all such other acts and things as, in such Attorney&#8217;s discretion, he deems appropriate or desirable for the purpose of filing such statements on Schedule 13D or
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            </td>
          </tr>

      </table>
    </div>
  </div>
  <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
  </div>
  <div style="text-align: left; line-height: 13.7pt;">
    <div>
      <table cellspacing="0" cellpadding="0" id="z2328653d6a7b43dc94703fba8e4a8690" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;">

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            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; align: right;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">(3)</font></td>
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              <div><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">To appoint in writing one or more substitutes who shall have the power to act on behalf of the Grantor as if that substitute or those substitutes shall have been
                  originally appointed Attorney(s) by this Power of Attorney and/or to revoke any such appointment at any time without assigning any reason therefor.</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">The Grantor hereby ratifies and confirms all that said agents and attorneys-in-fact or any substitute or substitutes may lawfully do
      or cause to be done by virtue hereof.&#160; This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing.</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">The words Grantor and Attorney shall include all grantors and attorneys under this Power of Attorney.</font></div>
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  <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">IN WITNESS WHEREOF, Grantor duly assents to this Power of Attorney by his signature as of the 25<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day of January, 2019.&#160;
      The Power of Attorney shall remain in full force and effect until the undersigned is no longer subject to the reporting requirements of the Securities Exchange Act of 1934 and the rules thereunder, unless earlier revoked by the undersigned in a
      signed writing delivered to the attorney-in-fact.</font></div>
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        <td style="width: 50.94%; vertical-align: top;">&#160;</td>
        <td style="width: 49.06%; vertical-align: top;" colspan="2">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">William Oberndorf</font></div>
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        <td style="width: 50.94%; vertical-align: top;">&#160;</td>
        <td style="width: 49.06%; vertical-align: top;" colspan="2">&#160;</td>
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      <tr>
        <td style="width: 50.94%; vertical-align: top;">&#160;</td>
        <td style="width: 6.13%; vertical-align: top;">
          <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">By:</font></div>
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            <div style="text-align: left; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt;">/s/ William Oberndorf</font></div>
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