Hillsven LLC - 15 Nov 2021 Form 4 Insider Report for Expensify, Inc. (EXFY)

Role
10%+ Owner
Signature
/s/ James G.B. DeMartini, III, Managing Member of Hillsven LLC
Issuer symbol
EXFY
Transactions as of
15 Nov 2021
Net transactions value
-$52,785,489
Form type
4
Filing time
16 Nov 2021, 18:37:57 UTC
Previous filing
09 Nov 2021
Next filing
26 Jul 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 Conversion of derivative security $0 +11,148,320 $0.000000 11,148,320 15 Nov 2021 Direct F1
transaction EXFY Class A Common Stock Sale $52,785,489 -2,102,170 -19% $25.11* 9,046,150 15 Nov 2021 Direct 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 Series A Convertible Preferred Stock Conversion of derivative security $0 -665,953 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 6,659,530 Direct F1, F2
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -327,028 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 3,270,280 Direct F1, F2
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -48,710 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 487,100 Direct F1, F2
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -73,141 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 731,410 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 FBHR Associates, LLC is the manager of Hillsven, LLC and in such capacity may be deemed to share voting and investment power over such securities. James G.B. DeMartini, III, as trustee of Unameit Trust, is the manager of FBHR Associates, LLC, and in such capacity may be deemed to share voting and investment power over such securities.
F2 Each share of Convertible Preferred Stock automatically converted on a one-for-ten basis (after giving effect to a 10-for-1 forward stock split effective as of October 27, 2021) upon the closing of the Issuer's initial public offering.