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

Role
10%+ Owner
Signature
/s/ David Martirano
Issuer symbol
EXFY
Transactions as of
15 Nov 2021
Net transactions value
-$51,271,858
Form type
4
Filing time
16 Nov 2021, 18:38:15 UTC
Previous filing
09 Nov 2021
Next filing
06 Jun 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 +224,790 +4163% $0.000000 230,190 15 Nov 2021 See note F1
transaction EXFY Class A Common Stock Conversion of derivative security $0 +332,450 +27937% $0.000000 333,640 15 Nov 2021 See note F2
transaction EXFY Class A Common Stock Conversion of derivative security $0 +4,274,220 +27954% $0.000000 4,289,510 15 Nov 2021 See note F3
transaction EXFY Class A Common Stock Conversion of derivative security $0 +3,065,230 $0.000000 3,065,230 15 Nov 2021 See note F4
transaction EXFY Class A Common Stock Conversion of derivative security $0 +1,123,920 $0.000000 1,123,920 15 Nov 2021 See note F5
transaction EXFY Class A Common Stock Conversion of derivative security $0 +144,240 $0.000000 144,240 15 Nov 2021 See note F6
transaction EXFY Class A Common Stock Sale $1,256 -50 -0.02% $25.11* 230,140 15 Nov 2021 See note F1
transaction EXFY Class A Common Stock Sale $1,967,871 -78,370 -23% $25.11* 255,270 15 Nov 2021 See note F2
transaction EXFY Class A Common Stock Sale $25,301,589 -1,007,630 -23% $25.11* 3,281,880 15 Nov 2021 See note F3
transaction EXFY Class A Common Stock Sale $18,080,204 -720,040 -23% $25.11* 2,345,190 15 Nov 2021 See note F4
transaction EXFY Class A Common Stock Sale $5,070,211 -201,920 -18% $25.11* 922,000 15 Nov 2021 See note F5
transaction EXFY Class A Common Stock Sale $850,727 -33,880 -23% $25.11* 110,360 15 Nov 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 -20,395 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 203,950 See note F1, F7
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -278,108 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 2,781,080 See note F4, F7
transaction EXFY Series B Convertible Preferred Stock Conversion of derivative security $0 -101,974 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 1,019,740 See note F5, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -14,424 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 144,240 See note F6, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -593 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 5,930 See note F1, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -8,075 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 80,750 See note F4, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -31,039 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 310,390 See note F2, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -399,062 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 3,990,620 See note F3, F7
transaction EXFY Series B-1 Convertible Preferred Stock Conversion of derivative security $0 -2,962 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 29,620 See note F5, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -1,491 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 14,910 See note F1, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -20,340 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 203,400 See note F4, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -2,206 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 22,060 See note F2, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -28,360 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 283,600 See note F3, F7
transaction EXFY Series C Convertible Preferred Stock Conversion of derivative security $0 -7,456 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 74,560 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.