<SEC-DOCUMENT>0001950047-24-000290.txt : 20240116
<SEC-HEADER>0001950047-24-000290.hdr.sgml : 20240116
<ACCEPTANCE-DATETIME>20240116160540
ACCESSION NUMBER:		0001950047-24-000290
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240116
DATE AS OF CHANGE:		20240116

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SHOPIFY INC.
		CENTRAL INDEX KEY:			0001594805
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-37400
		FILM NUMBER:		24535193

	BUSINESS ADDRESS:	
		STREET 1:		151 O'CONNOR STREET
		STREET 2:		GROUND FLOOR
		CITY:			OTTAWA
		STATE:			A6
		ZIP:			K2P 2L8
		BUSINESS PHONE:		613-241-2828

	MAIL ADDRESS:	
		STREET 1:		151 O'CONNOR STREET
		STREET 2:		GROUND FLOOR
		CITY:			OTTAWA
		STATE:			A6
		ZIP:			K2P 2L8

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Nejatian Kasra
		CENTRAL INDEX KEY:			0001962729
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		C/O SHOPIFY, INC.
		STREET 2:		151 O'CONNOR STREET, GROUND FLOOR
		CITY:			OTTAWA
		STATE:			Z4
		ZIP:			K2P 2L8
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001962729</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001594805</issuerCik>
            <issuerName>SHOPIFY INC.</issuerName>
            <secFileNumber>001-37400</secFileNumber>
            <issuerAddress>
                <ns2:street1>151 O Connor Street</ns2:street1>
                <ns2:city>Ottawa</ns2:city>
                <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                <ns2:zipCode>K2P 2L8</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>6132412828</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>KASRA NEJATIAN</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Fl.</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>1875</noOfUnitsSold>
            <aggregateMarketValue>152625.00</aggregateMarketValue>
            <noOfUnitsOutstanding>1205587398</noOfUnitsOutstanding>
            <approxSaleDate>01/16/2024</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
            <acquiredDate>11/23/2020</acquiredDate>
            <natureOfAcquisitionTransaction>Vesting of RSUs</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>1875</amountOfSecuritiesAcquired>
            <paymentDate>11/23/2020</paymentDate>
            <natureOfPayment>Vesting of RSUs</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for KASRA NEJATIAN</name>
                <address>
                    <ns2:street1>151 O Connor Street</ns2:street1>
                    <ns2:city>Ottawa</ns2:city>
                    <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                    <ns2:zipCode>K2P 2L8</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>12/15/2023</saleDate>
            <amountOfSecuritiesSold>1875</amountOfSecuritiesSold>
            <grossProceeds>145687.50</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for KASRA NEJATIAN</name>
                <address>
                    <ns2:street1>151 O Connor Street</ns2:street1>
                    <ns2:city>Ottawa</ns2:city>
                    <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                    <ns2:zipCode>K2P 2L8</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/15/2023</saleDate>
            <amountOfSecuritiesSold>1875</amountOfSecuritiesSold>
            <grossProceeds>123300.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for KASRA NEJATIAN</name>
                <address>
                    <ns2:street1>151 O Connor Street</ns2:street1>
                    <ns2:city>Ottawa</ns2:city>
                    <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                    <ns2:zipCode>K2P 2L8</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>10/18/2023</saleDate>
            <amountOfSecuritiesSold>1875</amountOfSecuritiesSold>
            <grossProceeds>103125.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>Aggregate market value calculated using 1/12/2024 closing price of $81.40 per share. Number of shares outstanding as of January, 16 2024. Shares to be sold to cover taxes and fees resulting from the vesting of RSUs. Dates of sale reflect a three month period starting on January 16, 2024.</remarks>
        <noticeSignature>
            <noticeDate>01/16/2024</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>06/09/2023</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Kasra Nejatian</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
