Phillip John Riese - 25 May 2021 Form 3 Insider Report for Flywire Corp (FLYW)

Role
Director
Signature
/s/ Phillip John Riese
Issuer symbol
FLYW
Transactions as of
25 May 2021
Net transactions value
$0
Form type
3
Filing time
25 May 2021, 20:23:13 UTC
Next filing
04 Jun 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FLYW Stock Option (right to buy) 25 May 2021 Class A Common Stock 135,096 $0.1800 Direct F1, F2
holding FLYW Stock Option (right to buy) 25 May 2021 Class A Common Stock 240,000 $0.2000 Direct F2, F3
holding FLYW Stock Option (right to buy) 25 May 2021 Class A Common Stock 108,000 $0.5900 Direct F2, F4
holding FLYW Stock Option (right to buy) 25 May 2021 Class A Common Stock 90,000 $3.95 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option are fully vested
F2 Immediately prior to the closing of the initial public offering of the Issuer's Common Stock, each share of Class A Common Stock will be reclassified into one share of Voting Common Stock and each share of Class B Common Stock will be reclassified into one share of Non-Voting Common Stock.
F3 The shares subject to this option are fully vested.
F4 The shares subject to this option are fully vested.
F5 The shares subject to this option vest over 4 years of service following May 5, 2020, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.