OpenView Affiliates Fund IV, L.P. 4

Accession 0000899243-21-045071

CIK 0001476840other

View on SEC.gov Company Profile

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 5:01 PM ET

Size

32.1 KB

Accession

0000899243-21-045071

Insider Transaction Report

Form 4

Period: 2021-11-15

Expensify, Inc.EXFY

OpenView Management, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-15+12,481,460→ 12,511,960 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Series C Convertible Preferred Stock
2021-11-15−28,337→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (283,370 underlying)
Sale
Class A Common Stock
2021-11-15$25.11/sh−91,070$2,286,768→ 317,960 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−727→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (7,270 underlying)
Sale
Class A Common Stock
2021-11-15$25.11/sh−2,785,670$69,948,174→ 9,726,290 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Series B Convertible Preferred Stock
2021-11-15−11,739→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (117,390 underlying)
Conversion
Series B Convertible Preferred Stock
2021-11-15−359,072→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (3,590,720 underlying)
Conversion
Class A Common Stock
2021-11-15+408,030→ 409,030 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−22,246→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (222,460 underlying)
Conversion
Series C Convertible Preferred Stock
2021-11-15−866,828→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (8,668,280 underlying)

OpenView General Partner IV, L.P.

10% Owner

Transactions

Sale
Class A Common Stock
2021-11-15$25.11/sh−2,785,670$69,948,174→ 9,726,290 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Series C Convertible Preferred Stock
2021-11-15−866,828→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (8,668,280 underlying)
Conversion
Series B Convertible Preferred Stock
2021-11-15−11,739→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (117,390 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−727→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (7,270 underlying)
Conversion
Series C Convertible Preferred Stock
2021-11-15−28,337→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (283,370 underlying)
Conversion
Series B Convertible Preferred Stock
2021-11-15−359,072→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (3,590,720 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−22,246→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (222,460 underlying)
Sale
Class A Common Stock
2021-11-15$25.11/sh−91,070$2,286,768→ 317,960 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Class A Common Stock
2021-11-15+12,481,460→ 12,511,960 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Class A Common Stock
2021-11-15+408,030→ 409,030 total(indirect: By OpenView Affiliates Fund IV, L.P.)

OpenView Venture Partners IV, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-15+408,030→ 409,030 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series C Convertible Preferred Stock
2021-11-15−28,337→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (283,370 underlying)
Conversion
Class A Common Stock
2021-11-15+12,481,460→ 12,511,960 total(indirect: By OpenView Venture Partners IV, L.P.)
Sale
Class A Common Stock
2021-11-15$25.11/sh−2,785,670$69,948,174→ 9,726,290 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Series B Convertible Preferred Stock
2021-11-15−11,739→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (117,390 underlying)
Sale
Class A Common Stock
2021-11-15$25.11/sh−91,070$2,286,768→ 317,960 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−22,246→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (222,460 underlying)
Conversion
Series C Convertible Preferred Stock
2021-11-15−866,828→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (8,668,280 underlying)
Conversion
Series B Convertible Preferred Stock
2021-11-15−359,072→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (3,590,720 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−727→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (7,270 underlying)

OpenView Affiliates Fund IV, L.P.

10% Owner

Transactions

Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−727→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (7,270 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2021-11-15−22,246→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (222,460 underlying)
Conversion
Series C Convertible Preferred Stock
2021-11-15−28,337→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (283,370 underlying)
Conversion
Class A Common Stock
2021-11-15+12,481,460→ 12,511,960 total(indirect: By OpenView Venture Partners IV, L.P.)
Sale
Class A Common Stock
2021-11-15$25.11/sh−91,070$2,286,768→ 317,960 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series C Convertible Preferred Stock
2021-11-15−866,828→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (8,668,280 underlying)
Conversion
Class A Common Stock
2021-11-15+408,030→ 409,030 total(indirect: By OpenView Affiliates Fund IV, L.P.)
Conversion
Series B Convertible Preferred Stock
2021-11-15−11,739→ 0 total(indirect: By OpenView Affiliates Fund IV, L.P.)
→ Class A Common Stock (117,390 underlying)
Sale
Class A Common Stock
2021-11-15$25.11/sh−2,785,670$69,948,174→ 9,726,290 total(indirect: By OpenView Venture Partners IV, L.P.)
Conversion
Series B Convertible Preferred Stock
2021-11-15−359,072→ 0 total(indirect: By OpenView Venture Partners IV, L.P.)
→ Class A Common Stock (3,590,720 underlying)

Footnotes (4)

[F1]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.
[F2]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.
[F3]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.
[F4]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.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Expensify, Inc.

CIK 0001476840

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001618728

Filing Metadata

Form type: 4
Filed: Nov 16, 7:00 PM ET
Accepted: Nov 17, 5:01 PM ET
Size: 32.1 KB

View on SEC.gov