David R. King - 25 May 2021 Form 3 Insider Report for Flywire Corp (FLYW)

Role
Chief Technology Officer
Signature
/s/ David R King
Issuer symbol
FLYW
Transactions as of
25 May 2021
Net transactions value
$0
Form type
3
Filing time
25 May 2021, 20:32:09 UTC
Next filing
28 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLYW Class A Common Stock 857,700 25 May 2021 Direct F1, F2

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 Employee Stock Option (right to buy) 25 May 2021 Class A Common Stock 90,000 $3.95 Direct F1, F3
* 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.
F2 161,640 of the shares reported in Table 1 of this Form 3 are subject to vesting in eight equal monthly installments beginning on June 17, 2021.
F3 The shares subject to this option vest over 4 years of service following January 21, 2021, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.