Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | FLYW | Class A Common Stock | 858K | May 25, 2021 | Direct | F1, F2 |
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) | May 25, 2021 | Class A Common Stock | 90K | $3.95 | Direct | F1, F3 |
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. |