AppFolio, Inc. (NASDAQ:APPF) Files An 8-K Submission of Matters to a Vote of Security Holders

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AppFolio, Inc. (NASDAQ:APPF) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders.

Our 2017 Annual Meeting of Stockholders was held on May 19, 2017
(the Annual Meeting). As of March 24, 2017, the record date for
the Annual Meeting (the Record Date), we had outstanding
12,129,469 shares of Class A Common Stock and 21,658,982 shares
of Class B Common Stock. At the Annual Meeting, 10,457,290 shares
of Class A Common Stock and 20,586,674 shares of Class B Common
Stock were present in person or represented by proxy. Each share
of Class A Common Stock outstanding on the Record Date was
entitled to one vote on each proposal presented at the Annual
Meeting, and each share of Class B Common Stock outstanding on
the Record Date was entitled to ten votes on each proposal
presented at the Annual Meeting.
Following is a brief description of, and the final results of the
voting on, each of the proposals voted upon at the Annual
Meeting. The proposals are described in more detail in our
Definitive Proxy Statement on Schedule 14A, which was filed with
the Securities and Exchange Commission on April 3, 2017.
Proposal 1 Election of Class II Directors
The first proposal voted upon at the Annual Meeting was the
election of three Class II directors, James Peters, William Rauth
and Klaus Schauser, to a three-year term to hold office until our
2020 annual meeting of stockholders, or until the date on which
their respective successors are duly elected and qualified.
At the Annual Meeting, the Class II directors were elected by the
following votes:
Name of Director
For
Against
Abstain
Broker Non-Votes
James Peters
211,558,388
547,146
1,835,610
2,382,886
William Rauth
212,224,348
204,258
1,512,538
2,382,886
Klaus Schauser
213,668,772
272,372
2,382,886
Proposal 2 Ratification of Appointment of Independent Registered
Public Accounting Firm
The second proposal voted upon at the Annual Meeting was the
ratification of the appointment of PricewaterhouseCoopers LLP as
our independent registered public accounting firm for the fiscal
year ending December 31, 2017.
At the Annual Meeting, the proposal was approved by the following
vote:
For
Against
Abstain
Broker Non-Votes
215,299,453
5,794
1,018,783


About AppFolio, Inc. (NASDAQ:APPF)

AppFolio, Inc. is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company’s mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The Company’s legal software provides solo practitioners and small law firms with a streamlined practice and case management solution, allowing them to manage their practices and case load. It also offers Value+ services, such as its professionally designed Websites and electronic payment services. The Company’s property manager customers include third-party managers and owner-operators, managing single- and multi-family residences, commercial property and student housing, as well as mixed real estate portfolios.

AppFolio, Inc. (NASDAQ:APPF) Recent Trading Information

AppFolio, Inc. (NASDAQ:APPF) closed its last trading session down -0.10 at 27.85 with 42,721 shares trading hands.