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

Role
10%+ Owner
Signature
/s/ James G.B. DeMartini, III, Managing Member of Hillsven LLC
Stock symbol
EXFY
Transactions as of
Nov 15, 2021
Transactions value $
-$52,785,489
Form type
4
Date filed
11/16/2021, 06:37 PM
Previous filing
Nov 9, 2021
Next filing
Jul 26, 2022

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 +11.1M $0.00 11.1M Nov 15, 2021 Direct F1
transaction EXFY Class A Common Stock Sale -$52.8M -2.1M -18.86% $25.11* 9.05M Nov 15, 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 -666K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 6.66M Direct F1, F2
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -327K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 3.27M Direct F1, F2
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -48.7K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 487K Direct F1, F2
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -73.1K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 731K 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.