Daniel Vidal - 15 Dec 2022 Form 4/A - Amendment Insider Report for Expensify, Inc. (EXFY)

Role
Director
Signature
/s/ Ryan Schaffer, as attorney-in-fact
Issuer symbol
EXFY
Transactions as of
15 Dec 2022
Transactions value $
$0
Form type
4/A - Amendment
Filing time
17 Mar 2023, 17:52:10 UTC
Date Of Original Report
19 Dec 2022
Previous filing
19 Sep 2022
Next filing
21 Dec 2022
SEC
View on sec.gov

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
holding EXFY LT50 Common Stock 127K 15 Dec 2022 Class A Common Stock 127K See note F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The LT50 Common Stock is convertible into the Issuer's Class A Common Stock on a one-to-one basis only upon, and generally cannot be transferred without, satisfaction of certain notice and other requirements, including a notice period of 50 months. The LT50 Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis at such time as all of the then-outstanding shares of LT10 and LT50 Common Stock represent, in the aggregate, less than 2% of all then-outstanding shares of common stock.
F2 On December 19, 2022, the reporting person filed a Form 4 which inadvertently reported that, following the vesting and settlement of 2,826 restricted stock units representing the contingent right to receive 2,826 shares of LT50 common stock, the reporting person owned 2,826 shares of LT50 common stock. In fact, as reported in this amendment, the reporting person owned 126,767 shares of LT50 common stock.
F3 Deposited into the Expensify Voting Trust (the "Voting Trust"). The Reporting Person retains investment control and dispositive power over the shares deposited into the Voting Trust.