16 unchanged sentences
Our workforce has continued to effectively develop and support our software and services offerings notwithstanding the current environment.
−Removed: We expect to slowly transition employees back to the workplace and resume employee travel throughout 2021;
−Removed: however employees will have the option to work remotely for the remainder of the year.
−Removed: If the COVID-19 pandemic once again requires full remote working conditions or otherwise slows our return to the workplace, it could have an adverse impact on the productivity of our employees as they navigate the challenges of daily life during a pandemic, which would harm our business and impede our ability to achieve our strategic objectives.
+Added: We are slowly transitioning employees back to the workplace on a voluntary basis and have resumed employee business travel.
+Added: Given the ongoing uncertainties surrounding COVID-19, we have pushed our return to office into 2022 and will continue to provide employees the option to work remotely until further notice.
+Added: If the COVID-19 pandemic once again requires full remote working conditions or otherwise continues to slow our return to the workplace, it could have an adverse impact on the productivity of our employees as they navigate the challenges of daily life during a pandemic, which would harm our business and impede our ability to achieve our strategic objectives.
Furthermore, the COVID-19 pandemic may have long-term effects on the nature of the office environment and remote working, which may present operational and workplace culture challenges that may adversely affect our business.
103 unchanged sentences
Federal, state and foreign government bodies and agencies have in the past adopted, and may in the future adopt, laws and regulations regarding the collection, use, processing, storage and disclosure of personal or identifying information obtained from customers and other individuals.
−Removed: For instance, the California Consumer Privacy Act created new data privacy and security rights for California residents and the Virginia Consumer Data Protection Act creates new data privacy and security rights for Virginia residents.
+Added: For instance, the California Consumer Privacy Act created new data privacy and security rights for California residents and the Virginia Consumer Data Protection Act created new data privacy and security rights for Virginia residents.
Similarly, there are a number of existing and proposed laws and regulations in the European Union and the United States at both the federal and state level, as well as other jurisdictions that could impose new obligations in areas affecting our business.
46 unchanged sentences
We face risks in our tenant screening services business that could adversely affect our business and/or operating results.
−Removed: Our tenant screening services business is subject to a number of complex laws that are subject to varying interpretations, including the FCRA and related regulations.
+Added: Our tenant screening services business is subject to a number of complex laws that are subject to varying interpretations, including the FCRA, the Fair Housing Act, and related regulations.
The FCRA continues to be the subject of multiple class-based litigation proceedings, as well as numerous regulatory inquiries and enforcement actions.
84 unchanged sentences
Any changes in such devices, systems or web browsers that degrade the functionality of our software solutions or give preferential treatment to competitive services could adversely affect the adoption and usage of our software solutions.
−Removed: In addition, in order to deliver high quality software solutions, we will need to continuously enhance and modify our functionality to keep pace with changes in Internet-related hardware, mobile operating systems such as iOS and Android, browsers and other software, communication, network and database technologies.
+Added: In addition, in order to deliver high quality software solutions, we will need to continuously enhance and modify our functionality to keep pace with technical, contractual, and other changes in Internet-related hardware, mobile operating systems such as iOS and Android, browsers and other software, communication, network and database technologies.
We may not be successful in developing enhancements and modifications that operate effectively with these devices, operating systems, web browsers and other technologies or in bringing them to market in a timely manner.
85 unchanged sentences
Our Class B common stock has 10 votes per share, and our Class A common stock has one vote per share.
−Removed: As of June 30, 2021, the holders of the outstanding shares of our Class B common stock, including our executive officers, directors, and principal stockholders, collectively held approximately 89% of the combined voting power of our outstanding capital stock.
+Added: As of September 30, 2021, the holders of the outstanding shares of our Class B common stock, including our executive officers, directors, and principal stockholders, collectively held approximately 89% of the combined voting power of our outstanding capital stock.
Because of the 10-to-1 voting ratio between our Class B common stock and Class A common stock, the holders of our Class B common stock collectively control a majority of the combined voting power of our outstanding capital stock and therefore control the election of a majority of our directors and thereby have the power to control our affairs and policies, including the appointment of management and strategic decisions, as well as matters that are submitted to a vote by our holders of our common stock.
15 unchanged sentences
We are unable to predict the effect that sales, or the perception that our shares may be available for sale, will have on the prevailing market price of our Class A common stock.
−Removed: As of June 30, 2021, we had an aggregate of 1.0 million options outstanding that, if fully exercised, would result in the issuance of additional shares of Class A common stock or Class B common stock, as applicable.
+Added: As of September 30, 2021, we had an aggregate of 1.0 million options outstanding that, if fully exercised, would result in the issuance of additional shares of Class A common stock or Class B common stock, as applicable.
Our Class B common stock converts into Class A common stock on a one-for-one basis.
−Removed: In addition, as of June 30, 2021, we had 0.5 million RSUs, outstanding which, if fully vested and settled in shares, would result in the issuance of additional shares of Class A common stock.
+Added: In addition, as of September 30, 2021, we had 0.6 million RSUs, outstanding which, if fully vested and settled in shares, would result in the issuance of additional shares of Class A common stock.
All of the shares of Class A common stock issuable upon the exercise of options (or upon conversion of shares of Class B common stock issued upon the exercise of options), or upon the vesting and settlement of RSUs, have been registered for public resale under the Securities Act.
28 unchanged sentences
Number Description of Document
−Removed: 10.1 Separation Agreement and General Release, dated June 4, 2021, by and between Ida Kane and the registrant
+Added: 10.1 Employment agreement between the Company and Fay Sien Goon.
31.1 Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) promulgated under the Securities Exchange Act of 1934, as amended.
16 unchanged sentences
AppFolio, Inc.
−Removed: August 9, 2021 By:
+Added: November 8, 2021 By:
/s/ Jason Randall
1 unchanged sentence
Chief Executive Officer
+Added: (Principal Executive Officer)
+Added: November 8, 2021 By:
+Added: /s/ Fay Sien Goon
+Added: Fay Sien Goon
+Added: Chief Financial Officer
(Principal Financial Officer)
−Removed: August 9, 2021 By:
+Added: November 8, 2021 By:
/s/ Ann Wilson
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.