OpenView Management, LLC - Aug 1, 2023 Form 4 Insider Report for Expensify, Inc. (EXFY)

Role
10%+ Owner
Signature
/s/ Dana O'Brien, General Counsel and Chief Compliance Officer of OpenView Management, LLC
Stock symbol
EXFY
Transactions as of
Aug 1, 2023
Transactions value $
-$61,269,925
Form type
4
Date filed
8/3/2023, 04:48 PM
Previous filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXFY Class A Common Stock Sale -$59.3M -9.73M -100% $6.10 0 Aug 1, 2023 By OpenView Venture Partners IV, L.P. F1
transaction EXFY Class A Common Stock Sale -$1.94M -318K -100% $6.10 0 Aug 1, 2023 By OpenView Affiliates Fund IV, L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

OpenView Management, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The securities are held by OpenView Venture Partners IV, L.P. ("OVP IV LP"). OpenView Management, LLC ("OVM LLC") is the general partner of OpenView General Partner IV, L.P. ("OGP IV LP"), which is the general partner of OVP IV LP. Each of OVM LLC and OGP IV LP disclaims beneficial ownership of all the shares held by OVP IV LP except to the extent, if any, of its pecuniary interest therein and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
F2 The securities are held by OpenView Affiliates Fund IV, L.P. ("OAF IV LP"). OGP IV LP is the general partner of OAF IV LP. Each of OVM LLC and OGP IV LP disclaims beneficial ownership of all the shares held by OAF IV LP except to the extent, if any, of its pecuniary interest therein and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.