Daniel Vidal - 15 Nov 2021 Form 3 Insider Report for Expensify, Inc. (EXFY)

Footnote F1

The LT10 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 10 months. The LT10 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.

Footnote F2

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.

Footnote F3

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.

Footnote F4

The stock option vests in 48 equal monthly installments beginning on April 1, 2019.

Footnote F5

Reflects remaining portion of the stock option that originally vested in 72 equal monthly installments beginning on May 12, 2019.

Footnote F6

The stock option vests in 48 equal monthly installments beginning on April 1, 2020.

Footnote F7

The stock option vests in 48 equal monthly installments beginning on August 1, 2019.

Footnote F8

The stock option vests in 48 equal monthly installments beginning on March 11, 2018.

Footnote F9

The stock option vests in 48 equal monthly installments beginning on October 1, 2019.

Footnote F10

The stock option vests in 48 equal monthly installments beginning on April 1, 2021.

Footnote F11

The stock option vests in 48 equal monthly installments beginning on August 1, 2021.

Footnote F12

The stock option vests in 48 equal monthly installments beginning on October 16, 2021.

Footnote F13

The restricted stock units vest 12.5% on September 15, 2022 and 1/32nd each quarter thereafter, on December 15th, March 15th, June 15th and September 15th.

Footnote F14

Each restricted stock unit represents the contingent right to receive one share of Class A common stock.

Footnote F15

Each restricted stock unit represents the contingent right to receive one share of LT50 common stock.