SC 13G/A: Expensify, Inc.
Ticker: EXFY · Form: SC 13G/A · Filed: Nov 20, 2024 · CIK: 1476840
| Field | Detail |
|---|---|
| Company | Expensify, INC. (EXFY) |
| Form Type | SC 13G/A |
| Filed Date | Nov 20, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Expensify, Inc..
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Expensify, INC. (ticker: EXFY) to the SEC on Nov 20, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (ssuer) Class A Common Stock, par value $0.0001 (Title of Class of Securities) 30219Q).
How long is this filing?
Expensify, INC.'s SC 13G/A filing is 4 pages with approximately 1,149 words. Estimated reading time is 5 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,149 words · 5 min read · ~4 pages · Grade level 10.4 · Accepted 2024-11-20 17:30:35
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 (Title of Class of Securities) 30219Q
Filing Documents
- davidbarrett13g09302024.htm (SC 13G/A) — 87KB
- 0001892682-24-000017.txt ( ) — 88KB
(a) Name of Issuer
ITEM 1. (a) Name of Issuer Expensify, Inc. (the "Issuer"). (b) Address of Issuer's Principal Executive Offices 401 SW 5th Avenue, Portland, Oregon 97204.
(a) Name of Person Filing
ITEM 2. (a) Name of Person Filing This statement is filed on behalf of David Barrett, individually and as trustee of the Barrett Family Trust, solely in such trust's capacity as the controlling member of Barrett Trust LLC (collectively, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated as of February 9, 2022, a copy of which was filed as Exhibit 1 to the Schedule 13G filed by the Reporting Persons on February 9, 2022. (b) Address or Principal Business Office The business address of the Reporting Persons is CO Expensify, Inc., 401 SW 5th Avenue, Portland, Oregon 97204. (c) Citizenship of each Reporting Person is David Barrett is a citizen of the United States, and Barrett Trust LLC is a Delaware limited liability company. (d) Title of Class of Securities Class A common stock, par value $0.0001 per share ("Class A Common Stock"). (e) CUSIP Number 30219Q106. CUSIP No. 30219Q106 Schedule 13G Page 4 of 6 pages ITEM 3. Not applicable.
Ownership
ITEM 4. Ownership. The ownership information below represents beneficial ownership of Class A Common Stock of the Issuer as of the date hereof, based upon 77,155,951 shares of Class A Common Stock outstanding as of November 4, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024. Reporting Person Amount beneficially owned Percent of class Sole power to vote or to direct the vote Shared power to dispose or to direct the disposition of Sole power to dispose or to direct the disposition of Shared power to dispose or to direct the disposition of David Barrett, individually and as trustee of the Barrett Family Trust, solely in such trust's capacity as the controlling member of Barrett Trust LLC 5,674,454 7.1 % 3,107,361 2,567,093 3,107,361 2,567,093 Barrett Trust LLC 2,567,093 3.3 % 0 2,567,093 0 2,567,093 The Reporting Persons are the beneficial owners of 2,744,544 shares of Class A Common Stock and 2,929,910 shares of Class A Common Stock that may be acquired pursuant to the exercise of stock options within 60 days of September 30, 2024. Barrett Trust LLC is a member-managed Delaware limited liability company and directly holds 2,567,093 shares of Class A Common Stock. The investment and voting decisions of Barrett Trust LLC are made by its manager, Mr. Barrett, and its controlling member is the David Barrett Family Trust, for which Mr. Barrett serves as trustee. In such capacities, Mr. Barrett may be deemed to beneficially own such shares beneficially owned by Barrett Trust LLC, in addition to the 177,451 shares of Class A Common Stock that he holds directly and the 2,929,910 shares of Class A Common Stock that he may acquire pursuant to the exercise of stock options within 60 days of September 30, 2024.
Ownership of Five Percent or Less of a Class
ITEM 5. Ownership of Five Percent or Less of a Class. Not applicable.
Ownership of More than Five Percent on Behalf of Another Person
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable.
Identification and Classification of Members of the Group
ITEM 8. Identification and Classification of Members of the Group. CUSIP No. 30219Q106 Schedule 13G Page 5 of 6 pages Not applicable.
Notice of Dissolution of Group
ITEM 9. Notice of Dissolution of Group. Not applicable.
Certifications
ITEM 10. Certifications. Not applicable. Exhibit Index Exhibit 1 Joint Filing Agreement, incorporated by reference to Exhibit 1 to the Schedule 13G filed by the Reporting Persons on February 9, 2022. CUSIP No. 30219Q106 Schedule 13G Page 6 of 6 pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date November 20, 2024 David Barrett, individually and as trustee of the Barrett Family Trust, solely in such trust's capacity as the controlling member of Barrett Trust LLC s David Barrett Barrett Trust LLC s David Barrett David Barrett General Manager