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

Role
10%+ Owner
Signature
/s/ David Martirano
Stock symbol
EXFY
Transactions as of
Nov 15, 2021
Transactions value $
-$51,271,858
Form type
4
Date filed
11/16/2021, 06:38 PM
Previous filing
Nov 9, 2021
Next filing
Jun 6, 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 +225K +4162.78% $0.00 230K Nov 15, 2021 See note F1
transaction EXFY Class A Common Stock Conversion of derivative security $0 +332K +27936.97% $0.00 334K Nov 15, 2021 See note F2
transaction EXFY Class A Common Stock Conversion of derivative security $0 +4.27M +27954.35% $0.00 4.29M Nov 15, 2021 See note F3
transaction EXFY Class A Common Stock Conversion of derivative security $0 +3.07M $0.00 3.07M Nov 15, 2021 See note F4
transaction EXFY Class A Common Stock Conversion of derivative security $0 +1.12M $0.00 1.12M Nov 15, 2021 See note F5
transaction EXFY Class A Common Stock Conversion of derivative security $0 +144K $0.00 144K Nov 15, 2021 See note F6
transaction EXFY Class A Common Stock Sale -$1.26K -50 -0.02% $25.11* 230K Nov 15, 2021 See note F1
transaction EXFY Class A Common Stock Sale -$1.97M -78.4K -23.49% $25.11* 255K Nov 15, 2021 See note F2
transaction EXFY Class A Common Stock Sale -$25.3M -1.01M -23.49% $25.11* 3.28M Nov 15, 2021 See note F3
transaction EXFY Class A Common Stock Sale -$18.1M -720K -23.49% $25.11* 2.35M Nov 15, 2021 See note F4
transaction EXFY Class A Common Stock Sale -$5.07M -202K -17.97% $25.11* 922K Nov 15, 2021 See note F5
transaction EXFY Class A Common Stock Sale -$851K -33.9K -23.49% $25.11* 110K Nov 15, 2021 See note F6

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 B Convertible Preferred Stock Conversion of derivative security $0 -20.4K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 204K See note F1, F7
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -278K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 2.78M See note F4, F7
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -102K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 1.02M See note F5, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -14.4K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 144K See note F6, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -593 -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 5.93K See note F1, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -8.08K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 80.8K See note F4, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -31K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 310K See note F2, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -399K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 3.99M See note F3, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -2.96K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 29.6K See note F5, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -1.49K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 14.9K See note F1, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -20.3K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 203K See note F4, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -2.21K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 22.1K See note F2, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -28.4K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 284K See note F3, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -7.46K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 74.6K See note F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By PJC-DV II LLC ("DV II"). David Martirano is the Manager of DV II and in such capacity may be deemed to beneficially own such securities.
F2 By Point Judith Venture Fund III, L.P. ("Fund III"). Point Judith Capital Partners III LLC ("Partners III") is the general partner of Fund III. Mr. Martirano is the manager of Partners III, and in such capacity may be deemed to beneficially own such securities.
F3 By Point Judith Venture Fund III (QP), L.P. ("Fund III (QP)"). Partners III is the general partner of Fund III (QP). Mr. Martirano is the manager of Partners III and in such capacity may be deemed to beneficially own such securities.
F4 By PJC-DV LLC ("DV"). DMM SPV Management LLC ("DMM") is the manager of DV. Mr. Martirano is the manager of DMM and in such capacity may be deemed to beneficially own such securities.
F5 By Point Judith Venture Fund IV, L.P. ("Fund IV"). Point Judith Capital Partners IV LLC ("Partners IV") is the general partner of Fund IV. Mr. Martirano is the manager of Partners IV, and in such capacity may be deemed to beneficially own such securities.
F6 By MKC Holdings Group LLC ("MKC"). Mr. Martirano is the manager of MKC and in such capacity may be deemed to beneficially own such securities.
F7 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.