Alex Finkelstein - May 25, 2021 Form 3 Insider Report for Flywire Corp (FLYW)

Role
Director, 10%+ Owner
Signature
/s/ Alex Finkelstein
Stock symbol
FLYW
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
3
Date filed
5/25/2021, 08:28 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLYW Class A Common Stock 627 May 25, 2021 See footnote F1, F2
holding FLYW Class A Common Stock 6.72K May 25, 2021 See footnote F1, F3
holding FLYW Class A Common Stock 679K May 25, 2021 See footnote F1, F4
holding FLYW Class A Common Stock 95.9K May 25, 2021 See footnote F1, F5

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 Series A Preferred Stock May 25, 2021 Class A Common Stock 53.3K See footnote F1, F2, F6
holding FLYW Series A Preferred Stock May 25, 2021 Class A Common Stock 8.14M See footnote F1, F5, F6
holding FLYW Series B-1 Preferred Stock May 25, 2021 Class A Common Stock 7.36K See footnote F1, F2, F6
holding FLYW Series B-1 Preferred Stock May 25, 2021 Class A Common Stock 1.13M See footnote F1, F5, F6
holding FLYW Series B Preferred Stock May 25, 2021 Class A Common Stock 15.9K See footnote F1, F2, F6
holding FLYW Series B Preferred Stock May 25, 2021 Class A Common Stock 2.44M See footnote F1, F5, F6
holding FLYW Series C Preferred Stock May 25, 2021 Class A Common Stock 20K See footnote F1, F2, F6
holding FLYW Series C Preferred Stock May 25, 2021 Class A Common Stock 3.05M See footnote F1, F5, F6
holding FLYW Series F-1 Preferred Stock May 25, 2021 Class A Common Stock 309 See footnote F1, F2, F6
holding FLYW Series F-1 Preferred Stock May 25, 2021 Class A Common Stock 3.53K See footnote F1, F3, F6
holding FLYW Series F-1 Preferred Stock May 25, 2021 Class A Common Stock 357K See footnote F1, F4, F6
holding FLYW Series F-1 Preferred Stock May 25, 2021 Class A Common Stock 47.3K See footnote F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 (the "Reclassification").
F2 These shares are held of record by Spark Capital Founders' Fund II, L.P. ("Spark Capital FF II"). Spark Management Partners II, LLC ("SMP II") is the general partner of Spark Capital FF II. Paul Conway, Bijan Sabet, Santo Politi, and the Reporting Person, a member of the Issuer's board of directors (the "Managing Members") are the managing members of SMP II. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Managing Members disclaim beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F3 These shares are held of record by Spark Capital Growth Founders' Fund, L.P. ("Spark Capital Growth FF"). Spark Growth Management Partners, LLC ("SGMP") is the general partner of Spark Capital Growth FF. The Managing Members are the managing members of SGMP. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the Managing Members disclaim beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F4 These shares are held of record by Spark Capital Growth Fund, L.P. ("Spark Capital Growth"). SGMP is the general partner of Spark Capital Growth. The Managing Members are the managing members of SGMP. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the Managing Members disclaim beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F5 These shares are held of record by Spark Capital II, L.P. ("Spark Capital II"). SMP II is the general partner of Spark Capital II. The Managing Members are the managing members of SMP II. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Managing Members disclaim beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F6 Each share of the Issuer's Series A, Series B, Series B-1, Series C, Series D, Series E-1 and Series F-1 Preferred Stock are convertible into Class A Common Stock on a 1 for 1 basis at the holder's election and will automatically convert immediately prior to the Reclassification and each share of the Issuer's Series E-2 Preferred Stock convertible into Class B Common Stock on a 1 for 1 basis at the holder's election and will automatically convert immediately prior to the Reclassification. These shares have no expiration date.