<SEC-DOCUMENT>0001433195-20-000046.txt : 20200715
<SEC-HEADER>0001433195-20-000046.hdr.sgml : 20200715
<ACCEPTANCE-DATETIME>20200715200716
ACCESSION NUMBER:		0001433195-20-000046
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200713
FILED AS OF DATE:		20200715
DATE AS OF CHANGE:		20200715

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Schauser Klaus
		CENTRAL INDEX KEY:			0001643445

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37468
		FILM NUMBER:		201030476

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

ISSUER:		

	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

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
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                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>37753.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4626832</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By 1206 Family Trust</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-07-14</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5749</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5749.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4621083</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By 1206 Family Trust</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-07-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>700</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F17"/>
                <footnoteId id="F18"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>700.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4620383</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By 1206 Family Trust</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Shares are held by 1206 Family Trust dated December 13, 2002, of which Mr. Schauser and his spouse serve as co-trustees.</footnote>
        <footnote id="F2">These shares were sold pursuant to a Rule 10b5-1 Plan adopted by Mr. Schauser on or around June 8, 2020.</footnote>
        <footnote id="F3">This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.94. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F4">This transaction was executed in multiple trades with sales prices ranging from $151.00 to $151.93. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F5">This transaction was executed in multiple trades with sales prices ranging from $152.00 to $152.87. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F6">This transaction was executed in multiple trades with sales prices ranging from $153.02 to $153.93. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F7">This transaction was executed in multiple trades with sales prices ranging from $154.15 to $155.10. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F8">This transaction was executed in multiple trades with sales prices ranging from $155.18 to $156.17. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F9">This transaction was executed in multiple trades with sales prices ranging from $156.18 to $157.14. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F10">This transaction was executed in multiple trades with sales prices ranging from $157.18 to $158.14. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F11">This transaction was executed in multiple trades with sales prices ranging from $158.20 to $159.19. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F12">This transaction was executed in multiple trades with sales prices ranging from $159.39 to $160.38. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F13">This transaction was executed in multiple trades with sales prices ranging from $161.43 to $161.59. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F14">This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.69. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F15">This transaction was executed in multiple trades with sales prices ranging from $150.00 to $150.57. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F16">This transaction was executed in multiple trades with sales prices ranging from $151.00 to $151.69. The price reported above reflects the weighted average sales price for the cumulative trades.  The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer information regarding the individual trades.</footnote>
        <footnote id="F17">Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock.  In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer that occurs after the consummation of the IPO, except for any transfers by (i) a partnership or limited liability company that was a registered holder of shares of Class B Common Stock at the effective time of the IPO to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) a transfer to a &quot;qualified recipient,&quot; as defined in the Issuer's amended and restated certificate of incorporation.  The shares of Class B Common Stock have no expiration date.</footnote>
        <footnote id="F18">All outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share for one share basis, on the date when the number of the Issuer's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Ida Kane, as Attorney-In-Fact for Klaus Schauser</signatureName>
        <signatureDate>2020-07-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
