Form 4 for EXFY Expensify, Inc.
Accepted 2022-11-16 00:00:00 ET · period of report 2022-11-14 · accession 0001476840-22-000136 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-16 | 2022-11-14 | EXFY | Barrett David Michael | CEO, Dir | J - Other | — | -11.4K | 21.5K | -35% | — |
| DI | 2022-11-16 | 2022-11-14 | EXFY | Barrett David Michael | CEO, Dir | J - Other | — | +11.4K | 3.60M | +0.3% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-11-14 | J | D | 11,426 | — | 21,495 | D | — | — | (F1) The Reporting Person exchanged 11,426 shares of Class A Common Stock for 11,426 shares of LT10 Common Stock in an Exchange, as defined in and pursuant to the Issuer's Amended and Restated Certificate of Incorporation." |
| 2 | Derivative | LT10 Common Stock | 2022-11-14 | J | A | 11,426 | — | 3,600,066 | I See note | — · — to — | 11,426 Class A Common Stock | (F1) The Reporting Person exchanged 11,426 shares of Class A Common Stock for 11,426 shares of LT10 Common Stock in an Exchange, as defined in and pursuant to the Issuer's Amended and Restated Certificate of Incorporation." (F4) Deposited into the Expensify Voting Trust (the "Voting Trust"). The Reporting Person retains investment control and dispositive power over the shares deposited into the Voting Trust. (F3) The LT10 Common Stock is convertible into the Issuer's Class A Common Stock on a one-to-one basis only upon, and generally cannot be transferred without, satisfaction of certain notice and other requirements, including a notice period of 10 months. The LT10 Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis at such time as all of the then-outstanding shares of LT10 and LT50 Common Stock represent, in the aggregate, less than 2% of all then-outstanding shares of common stock. |