Ryan Schaffer - 08 Jul 2022 Form 4 Insider Report for Expensify, Inc. (EXFY)

Role: Chief Financial Officer, Director
Signature: /s/ Ryan Schaffer
Issuer symbol: EXFY
Transactions as of: 08 Jul 2022
Net transactions value: -$89,939
Form type: 4
Filing time: 12 Jul 2022, 17:36:51 UTC
Previous filing: 27 Jun 2022
Next filing: 02 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXFY	Class A Common Stock	Options Exercise	$4,558	+4,699	+7.8%	$0.9700^*	65,098	08 Jul 2022	Direct	F1
transaction	EXFY	Class A Common Stock	Sale	$94,497	-4,699	-7.2%	$20.11	60,399	08 Jul 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EXFY	Stock Option	Options Exercise	$0	-4,699	-1.3%	$0.000000	365,181	08 Jul 2022	Class A Common Stock	4,699	$0.9700	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 8, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.25, inclusive. The reporting person undertakes to provide to Expensify, Inc., any security holder of Expensify, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3	Reflects remaining portion of the stock option that originally vested in 72 equal monthly installments beginning on May 12, 2019.