Vidal Daniel's Form 4 filing
Expensify, Inc. (EXFY) · filed Apr 24, 2025
- Accession no.
- 0001476840-25-000057
- Filed
- Apr 24, 2025
- Trade date
- Mar 14-20, 2025
- Filing delay
- 41 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market sales total $16.0K. It was filed 41 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Vidal DanielCIK 0001891862 | Director |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 14, 2025 | Class A Common Stock | AGrant or awardAcquired | +11,803 | $3.80 | +$44,851.4 | 250,840 | Direct | |
| Mar 15, 2025 | Class A Common Stock | MOption exerciseAcquired | +2,825 | –F2 | – | 253,665 | Direct | |
| Mar 17, 2025 | Class A Common Stock | AGrant or awardAcquired | +10,605 | $0.00 | $0 | 264,270 | Direct | |
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −1,674 | $3.31F5 | −$5,540.94 | 262,596 | Direct | |
| Mar 20, 2025 | Class A Common Stock | SSaleDisposed | −3,193 | $3.27F7 | −$10,441.11 | 259,403 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2025 | Class A Common Stock | MOption exerciseDisposed | −2,825 | $0.00 | $0 | 50,856 | Direct | |
| Mar 15, 2025 | LT50 Common Stock | MOption exerciseDisposed | −2,825 | $0.00 | $0 | 50,856 | Direct | |
| Mar 15, 2025 | Class A Common Stock | MOption exerciseAcquired | +2,825 | $0.00 | $0 | 152,194 | 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.
- F2
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.
- F5
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 upon the vesting of RSUs for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $3.21 to $3.38, 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.
Referenced by the price of 1 transaction in Table I.
- F7
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 granted as matched shares under the SPMP for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $3.22 to $3.33, 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.
Referenced by the price of 1 transaction in Table I.