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Filing Details

Accession Number:: 0000899243-21-045071
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-17 17:01:00
Reporting Period:: 2021-11-15

Accepted Time:: 2021-11-17 17:01:00
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	Director	Officer	Large Shareholder	Other
1616720	Openview Venture Partners Iv, L.p.	303 Congress Street, 7Th Floor Boston MA 02210	No	No	Yes	No
1618728	Openview Affiliates Fund Iv, L.p.	303 Congress Street, 7Th Floor Boston MA 02210	No	No	Yes	No
1658111	Openview General Partner Iv, L.p.	303 Congress Street, 7Th Floor Boston MA 02210	No	No	Yes	No
1658115	Openview Management, Llc	303 Congress Street, 7Th Floor Boston MA 02210	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-11-15	12,481,460	$0.00	12,511,960	No	4	C	Indirect	By OpenView Venture Partners IV, L.P.
Class A Common Stock	Acquisiton	2021-11-15	408,030	$0.00	409,030	No	4	C	Indirect	By OpenView Affiliates Fund IV, L.P.
Class A Common Stock	Disposition	2021-11-15	2,785,670	$25.11	9,726,290	No	4	S	Indirect	By OpenView Venture Partners IV, L.P.
Class A Common Stock	Disposition	2021-11-15	91,070	$25.11	317,960	No	4	S	Indirect	By OpenView Affiliates Fund IV, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By OpenView Venture Partners IV, L.P.
No	4	C	Indirect	By OpenView Affiliates Fund IV, L.P.
No	4	S	Indirect	By OpenView Venture Partners IV, L.P.
No	4	S	Indirect	By OpenView Affiliates Fund IV, L.P.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Series B Convertible Preferred Stock	Disposition	2021-11-15	359,072	$0.00	3,590,720	$0.00
Class A Common Stock	Series B Convertible Preferred Stock	Disposition	2021-11-15	11,739	$0.00	117,390	$0.00
Class A Common Stock	Series B-1 Convertible Preferred Stock	Disposition	2021-11-15	22,246	$0.00	222,460	$0.00
Class A Common Stock	Series B-1 Convertible Preferred Stock	Disposition	2021-11-15	727	$0.00	7,270	$0.00
Class A Common Stock	Series C Convertible Preferred Stock	Disposition	2021-11-15	866,828	$0.00	8,668,280	$0.00
Class A Common Stock	Series C Convertible Preferred Stock	Disposition	2021-11-15	28,337	$0.00	283,370	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect

Footnotes

Each share of Convertible Preferred Stock was initially convertible on a one-for-one basis into the Issuer's Class A Common Stock at any time at the holder's election and had no expiration date. The number of underlying shares of common stock reported in Column 7 gives effect to a 10-for-1 forward stock split effective as of October 27, 2021, pursuant to which each share of Convertible Preferred Stock became convertible into 10 shares of Class A Common Stock. The Convertible Preferred Stock converted automatically upon closing of the Issuer's initial public offering.
The securities are held by OpenView Venture Partners IV, L.P. ("OVP IV LP"). OpenView Management, LLC ("OVM LLC") is the general partner of OpenView General Partner IV, L.P. ("OGP IV LP"), which is the general partner of OVP IV LP. Each of OVM LLC and OGP IV LP disclaims beneficial ownership of all the shares held by OVP IV LP except to the extent, if any, of its pecuniary interest therein and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
The securities are held by OpenView Affiliates Fund IV, L.P. ("OAF IV LP"). OGP IV LP is the general partner of OAF IV LP. Each of OVM LLC and OGP IV LP disclaims beneficial ownership of all the shares held by OAF IV LP except to the extent, if any, of its pecuniary interest therein and this report shall not be deemed an admission that it is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
These shares of Common Stock were sold in connection with the Issuer's initial public offering pursuant to the prospectus (including pursusant to the underwriters' exercise of their over-allotment option under such prospectus) dated November 12, 2021, and accompanying registration statement on Form S-1 (File No. 333-260297). The shares were sold at a price per share equal to the initial public offering price, net of underwriting discount and commissions.