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Expensify, Inc. — Director's Dealing 2021
Nov 10, 2021
33772_dirs_2021-11-09_c48fc1fd-ae48-4d83-86a5-ef1a9d88942c.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Expensify, Inc. ([EXFY])
CIK: 0001476840
Period of Report: 2021-11-09
Reporting Person: Schaffer Ryan (Director, Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 180030 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| LT10 Common Stock | $ | Class A Common Stock (498090.0) | Indirect | ||
| Stock Option | $0.53 | 2026-03-31 | Class A Common Stock (1610.0) | Direct | |
| Stock Option | $0.97 | 2029-01-10 | Class A Common Stock (10320.0) | Direct | |
| Stock Option | $0.97 | 2029-04-12 | Class A Common Stock (4930.0) | Direct | |
| Stock Option | $0.97 | 2029-04-12 | Class A Common Stock (15910.0) | Direct | |
| Stock Option | $0.97 | 2029-04-11 | Class A Common Stock (369880.0) | Direct | |
| Stock Option | $1.6 | 2030-06-21 | Class A Common Stock (4540.0) | Direct | |
| Stock Option | $1.6 | 2030-06-21 | Class A Common Stock (3820.0) | Direct | |
| Stock Option | $7.21 | 2031-03-15 | Class A Common Stock (1230.0) | Direct | |
| Stock Option | $7.21 | 2031-03-15 | Class A Common Stock (16520.0) | Direct | |
| Stock Option | $12.97 | 2031-10-12 | Class A Common Stock (6880.0) | Direct | |
| Restricted Stock Units | $ | 2029-12-15 | Class A Common Stock (125520.0) | Direct | |
| Restricted Stock Units | $ | 2029-12-15 | LT50 Common Stock (125520.0) | Direct |
Footnotes
F1: 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.
F2: 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 stock option is fully vested and currently exercisable.
F4: Reflects remaining portion of the stock option that originally vested in 48 equal monthly installments beginning on November 30, 2018.
F5: Reflects remaining portion of the stock option that originally vested in 48 equal monthly installments beginning on March 1, 2019.
F6: The stock option vests in 48 equal monthly installments beginning on April 1, 2019.
F7: Reflects remaining portion of the stock option that originally vested in 72 equal monthly installments beginning on May 12, 2019.
F8: The stock option vests in 48 equal monthly installments beginning on April 1, 2020.
F9: The stock option vests in 48 equal monthly installments beginning on October 1, 2019.
F10: The stock option vests in 48 equal monthly installments beginning on February 1, 2021.
F11: The stock option vests in 48 equal monthly installments beginning on April 1, 2021.
F12: The stock option vests in 48 equal monthly installments beginning on October 16, 2021.
F13: The restricted stock units vest 12.5% on September 15, 2022 and 1/32nd each quarter thereafter, on December 15th, March 15th, June 15th, and September 15th
F14: Each restricted stock unit represents the contingent right to receive one share of Class A common stock.
F15: Each restricted stock unit represents the contingent right to receive one share of LT50 common stock.