Alex Finkelstein - May 28, 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Director, 10%+ Owner
Signature
/s/ Alex Finkelstein
Stock symbol
FLYW
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 04:47 PM
Previous filing
May 25, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Class A Common Stock Conversion of derivative security +53.3K +8492.82% 53.9K May 28, 2021 See footnote F1, F2
transaction FLYW Class A Common Stock Conversion of derivative security +8.14M +8486.93% 8.24M May 28, 2021 See footnote F1, F5
transaction FLYW Class A Common Stock Conversion of derivative security +7.36K +13.66% 61.2K May 28, 2021 See footnote F1, F2
transaction FLYW Class A Common Stock Conversion of derivative security +1.13M +13.66% 9.36M May 28, 2021 See footnote F1, F5
transaction FLYW Class A Common Stock Conversion of derivative security +15.9K +26.04% 77.2K May 28, 2021 See footnote F1, F2
transaction FLYW Class A Common Stock Conversion of derivative security +2.44M +26.04% 11.8M May 28, 2021 See footnote F1, F5
transaction FLYW Class A Common Stock Conversion of derivative security +20K +25.89% 97.2K May 28, 2021 See footnote F1, F2
transaction FLYW Class A Common Stock Conversion of derivative security +3.05M +25.89% 14.9M May 28, 2021 See footnote F1, F5
transaction FLYW Class A Common Stock Conversion of derivative security +309 +0.32% 97.5K May 28, 2021 See footnote F1, F2
transaction FLYW Class A Common Stock Conversion of derivative security +3.53K +52.57% 10.3K May 28, 2021 See footnote F1, F3
transaction FLYW Class A Common Stock Conversion of derivative security +357K +52.57% 1.04M May 28, 2021 See footnote F1, F4
transaction FLYW Class A Common Stock Conversion of derivative security +47.3K +0.32% 14.9M May 28, 2021 See footnote F1, F5
transaction FLYW Class A Common Stock Other -97.5K -100% 0 May 28, 2021 See footnote F2, F6
transaction FLYW Class A Common Stock Other -10.3K -100% 0 May 28, 2021 See footnote F3, F6
transaction FLYW Class A Common Stock Other -1.04M -100% 0 May 28, 2021 See footnote F4, F6
transaction FLYW Class A Common Stock Other -14.9M -100% 0 May 28, 2021 See footnote F5, F6
transaction FLYW Voting Common Stock Other +97.5K 97.5K May 28, 2021 See footnote F2, F6
transaction FLYW Voting Common Stock Other +10.3K 10.3K May 28, 2021 See footnote F3, F6
transaction FLYW Voting Common Stock Other +1.04M 1.04M May 28, 2021 See footnote F4, F6
transaction FLYW Voting Common Stock Other +14.9M 14.9M May 28, 2021 See footnote F5, F6

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
transaction FLYW Series A Preferred Stock Conversion of derivative security -53.3K -100% 0 May 28, 2021 Class A Common Stock 53.3K See footnote F1, F2
transaction FLYW Series A Preferred Stock Conversion of derivative security -8.14M -100% 0 May 28, 2021 Class A Common Stock 8.14M See footnote F1, F5
transaction FLYW Series B-1 Preferred Stock Conversion of derivative security -7.36K -100% 0 May 28, 2021 Class A Common Stock 7.36K See footnote F1, F2
transaction FLYW Series B-1 Preferred Stock Conversion of derivative security -1.13M -100% 0 May 28, 2021 Class A Common Stock 1.13M See footnote F1, F5
transaction FLYW Series B Preferred Stock Conversion of derivative security -15.9K -100% 0 May 28, 2021 Class A Common Stock 15.9K See footnote F1, F2
transaction FLYW Series B Preferred Stock Conversion of derivative security -2.44M -100% 0 May 28, 2021 Class A Common Stock 2.44M See footnote F1, F5
transaction FLYW Series C Preferred Stock Conversion of derivative security -20K -100% 0 May 28, 2021 Class A Common Stock 20K See footnote F1, F2
transaction FLYW Series C Preferred Stock Conversion of derivative security -3.05M -100% 0 May 28, 2021 Class A Common Stock 3.05M See footnote F1, F5
transaction FLYW Series F-1 Preferred Stock Conversion of derivative security -309 -100% 0 May 28, 2021 Class A Common Stock 309 See footnote F1, F2
transaction FLYW Series F-1 Preferred Stock Conversion of derivative security -3.53K -100% 0 May 28, 2021 Class A Common Stock 3.53K See footnote F1, F3
transaction FLYW Series F-1 Preferred Stock Conversion of derivative security -357K -100% 0 May 28, 2021 Class A Common Stock 357K See footnote F1, F4
transaction FLYW Series F-1 Preferred Stock Conversion of derivative security -47.3K -100% 0 May 28, 2021 Class A Common Stock 47.3K See footnote F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's preferred stock automatically converted on a one for one basis into Class A Common Stock immediately prior to the closing of the Issuer's initial public offering (the "Conversion"). The shares have no expiration date.
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 Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Class A Common Stock was automatically reclassified into one share of Voting Common Stock following the Conversion, and immediately prior to the closing of the Issuer's initial public offering.