Filing Details
- Accession Number:
- 0001476840-23-000199
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-01 19:53:44
- Reporting Period:
- 2023-09-15
- Accepted Time:
- 2023-12-01 19:53:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1476840 | Expensify Inc. | EXFY | Services-Prepackaged Software (7372) | 270239450 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1891061 | Ryan Schaffer | C/O Expensify, Inc. 401 Sw 5Th Ave Portland OR 97204 | Chief Financial Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-09-15 | 7,452 | $0.00 | 91,737 | No | 4 | A | Direct | |
| Class A Common Stock | Disposition | 2023-09-15 | 2,210 | $4.11 | 89,527 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-11-29 | 16,737 | $0.00 | 106,264 | No | 4 | A | Direct | |
| Class A Common Stock | Disposition | 2023-11-30 | 5,212 | $2.41 | 101,052 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2023-11-30 | 4,000 | $0.97 | 105,052 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-11-30 | 4,000 | $2.37 | 101,052 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option | Disposition | 2023-11-30 | 4,000 | $0.00 | 4,000 | $0.97 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 324,283 | 2029-04-11 | No | 4 | M | Direct |
Footnotes
- Shares awarded under the Expensify, Inc. 2021 Stock Purchase and Matching Plan ("SPMP").
- Shares were sold solely to cover taxes for shares awarded under the SPMP.
- Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes for shares awarded under the SPMP for certain employees of the Issuer.
- The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes for shares awarded under the SPMP for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $2.39 to $2.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- These transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.33 to $2.42, inclusive. The reporting person undertakes to provide to Expensify, Inc., any security holder of Expensify, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
- Reflects remaining portion of the stock option that originally vested in 72 equal monthly installments beginning on May 12, 2019.
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