David Martirano - Jun 3, 2022 Form 4 Insider Report for Expensify, Inc. (EXFY)

Role
Other*
Signature
/s/ David Martirano
Stock symbol
EXFY
Transactions as of
Jun 3, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 06:50 PM
Previous filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXFY Class A Common Stock Other $0 -1.92M -81.68% $0.00 430K Jun 3, 2022 See note F4
holding EXFY Class A Common Stock 230K Jun 3, 2022 See note F1
holding EXFY Class A Common Stock 255K Jun 3, 2022 See note F2
holding EXFY Class A Common Stock 3.28M Jun 3, 2022 See note F3
holding EXFY Class A Common Stock 922K Jun 3, 2022 See note F5
holding EXFY Class A Common Stock 110K Jun 3, 2022 See note F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David Martirano is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares held by PJC-DV II LLC ("DV II"). David Martirano (the "Reporting Person") is the Manager of DV II and in such capacity may be deemed to beneficially own such shares.
F2 Represents shares held by Point Judith Venture Fund III, L.P. ("Fund III"). Point Judith Capital Partners III LLC ("Partners III") is the general partner of Fund III. The Reporting Person is the manager of Partners III, and in such capacity may be deemed to beneficially own such shares.
F3 Represents shares held by Point Judith Venture Fund III (QP), L.P. ("Fund III (QP)"). Partners III is the general partner of Fund III (QP). The Reporting Person is the manager of Partners III and in such capacity may be deemed to beneficially own such shares.
F4 Represents shares held by members of PJC-DV LLC ("DV"). On June 3, 2022, DV made a pro rata distribution for no consideration of 2,345,190 shares to its members, consisting of a third party unrelated to the Reporting Person and DMM SPV Management LLC ("DMM"), who received 1,915,646 and 429,544 shares, respectively. The Reporting Person is the manager of DMM and in such capacity may be deemed to beneficially own the shares held by DMM. After giving effect to the distribution, DV no longer held any shares of the issuer.
F5 Represents shares held by Point Judith Venture Fund IV, L.P. ("Fund IV"). Point Judith Capital Partners IV LLC ("Partners IV") is the general partner of Fund IV. The Reporting Person is the manager of Partners IV, and in such capacity may be deemed to beneficially own such shares.
F6 Represents shares held by MKC Holdings Group LLC ("MKC"). The Reporting Person is the manager of MKC and in such capacity may be deemed to beneficially own such shares.

Remarks:

As a result of the transaction reported herein, the Reporting Person is no longer a 10% holder of the issuer.