David Michael Barrett - Nov 22, 2024 Form 4 Insider Report for Expensify, Inc. (EXFY)

Role
Chief Executive Officer, Director
Signature
/s/ Ryan Schaffer, as attorney-in-fact
Stock symbol
EXFY
Transactions as of
Nov 22, 2024
Transactions value $
-$1,559,479
Form type
4
Date filed
12/11/2024, 04:57 PM
Previous filing
Nov 20, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXFY Class A Common Stock Options Exercise $233K +1.11M +626.49% $0.21 1.29M Nov 22, 2024 Direct
transaction EXFY Class A Common Stock Options Exercise $99.5K +474K +36.76% $0.21 1.76M Nov 22, 2024 Direct
transaction EXFY Class A Common Stock Tax liability -$1.89M -557K -31.57% $3.40 1.21M Nov 22, 2024 Direct
holding EXFY Class A Common Stock 2.38M Nov 22, 2024 See note F1

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 -1.11M -100% $0.00 0 Nov 22, 2024 Class A Common Stock 1.11M $0.21 Direct F2
transaction EXFY Stock Option Options Exercise $0 -474K -100% $0.00 0 Nov 22, 2024 Class A Common Stock 474K $0.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By Barrett Trust LLC, a manager-managed limited liability company. The investment and voting decisions of Barrett Trust LLC are made by its manager, the Reporting Person, and its controlling member is the Barrett Family Trust, for which the Reporting Person serves as trustee.
F2 The stock option is fully vested and currently exercisable.