Barrett David Michael's Form 4 filing
Expensify, Inc. (EXFY) · filed Jun 18, 2024
- Accession no.
- 0001476840-24-000107
- Filed
- Jun 18, 2024
- Trade date
- Jun 14-18, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 8 non-derivative transactions and 4 derivative transactions. Open-market sales total $88.2K. It was filed 4 days after the trade.
This filing was later replaced by the amendment 0001476840-24-000255 (Dec 19, 2024). Trade tables on this site use the amended version.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Barrett David MichaelCIK 0001892682 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2024 | Class A Common Stock | CConversionAcquired | +1,485,230 | –F1 | – | 2,062,237 | Indirect | |
| Jun 14, 2024 | Class A Common Stock | SSaleDisposed | −17,740 | $1.38F4 | −$24,481.2 | 2,044,497 | Indirect | |
| Jun 14, 2024 | Class A Common Stock | AGrant or awardAcquired | +1 | $1.35 | +$1.35 | 133,669 | Direct | |
| Jun 14, 2024 | Class A Common Stock | AGrant or awardAcquired | +81,620 | $0.00 | $0 | 215,289 | Direct | |
| Jun 15, 2024 | Class A Common Stock | MOption exerciseAcquired | +14,463 | –F7 | – | 229,752 | Direct | |
| Jun 17, 2024 | Class A Common Stock | SSaleDisposed | −11,072 | $1.34F9 | −$14,836.48 | 218,680 | Direct | |
| Jun 17, 2024 | Class A Common Stock | SSaleDisposed | −17,940 | $1.37F10 | −$24,577.8 | 2,026,557 | Indirect | |
| Jun 18, 2024 | Class A Common Stock | SSaleDisposed | −18,730 | $1.30F11 | −$24,349 | 2,007,827 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2024 | Class A Common Stock | CConversionDisposed | −1,485,230 | $0.00 | $0 | 2,114,836 | Indirect | |
| Jun 15, 2024 | Class A Common Stock | MOption exerciseDisposed | −14,463 | $0.00 | $0 | 303,726 | Direct | |
| Jun 15, 2024 | LT50 Common Stock | MOption exerciseDisposed | −14,463 | $0.00 | $0 | 303,726 | Direct | |
| Jun 15, 2024 | Class A Common Stock | MOption exerciseAcquired | +14,463 | $0.00 | $0 | 159,094 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
LT10 Common Stock converted into Class A Common Stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.35 to $1.42, 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 this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock. This transaction represents the settlement of vested RSUs in shares of Class A Common Stock.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.32 to $1.39, 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 this footnote.
Referenced by the price of 1 transaction in Table I.
- F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.34 to $1.40, 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 this footnote.
Referenced by the price of 1 transaction in Table I.
- F11
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.27 to $1.32, 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 this footnote.
Referenced by the price of 1 transaction in Table I.