Peter Butterfield - May 25, 2021 Form 3 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Peter Butterfield
Stock symbol
FLYW
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
3
Date filed
5/25/2021, 08:33 PM
Next filing
Nov 19, 2021

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) May 25, 2021 Class A Common Stock 125K $0.35 Direct F1, F2
holding FLYW Employee Stock Option (right to buy) May 25, 2021 Class A Common Stock 146K $0.59 Direct F2, F3
holding FLYW Employee Stock Option (right to buy) May 25, 2021 Class A Common Stock 180K $3.28 Direct F2, F4
holding FLYW Employee Stock Option (right to buy) May 25, 2021 Class A Common Stock 120K $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 vest over 4 years of service following October 3, 2018, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.
F5 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.