Ossa Investments Pte. Ltd. - May 28, 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Role
10%+ Owner
Signature
Ossa Investments Pte. Ltd., By: /s/ Han Sack Teng, Director
Stock symbol
FLYW
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 06:06 AM
Previous filing
May 25, 2021
Next filing
Jul 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 +9.51M +848.52% 10.6M May 28, 2021 Direct F1, F2
transaction FLYW Class B common stock Conversion of derivative security +1.87M 1.87M May 28, 2021 Direct F1, F2
transaction FLYW Class A common stock Other -10.6M -100% 0 May 28, 2021 Direct F1, F2
transaction FLYW Voting common stock Other +10.6M 10.6M May 28, 2021 Direct F1, F2
transaction FLYW Class B common stock Other -1.87M -100% 0 May 28, 2021 Direct F1, F2
transaction FLYW Non-voting common stock Other +1.87M 1.87M May 28, 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
transaction FLYW Series A preferred stock Conversion of derivative security -97.2K -100% 0 May 28, 2021 Class A common stock 97.2K Direct F1, F2
transaction FLYW Series B preferred stock Conversion of derivative security -2.1M -100% 0 May 28, 2021 Class A common stock 2.1M Direct F1, F2
transaction FLYW Series C preferred stock Conversion of derivative security -547K -100% 0 May 28, 2021 Class A common stock 547K Direct F1, F2
transaction FLYW Series D preferred stock Conversion of derivative security -6.63M -100% 0 May 28, 2021 Class A common stock 6.63M Direct F1, F2
transaction FLYW Series E-2 preferred stock Conversion of derivative security -1.87M -100% 0 May 28, 2021 Class B common stock 1.87M Direct F1, F2
transaction FLYW Series F preferred stock Conversion of derivative security -145K -100% 0 May 28, 2021 Class A common stock 145K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering of its voting common stock on May 28, 2021, each share of Series A preferred stock, Series B preferred stock, Series C preferred stock, Series D preferred stock and Series F preferred stock automatically converted into one share of Class A common stock and each share of Series E-2 preferred stock automatically converted into one share of Class B common stock, in each case without payment or further consideration. The preferred stock had no expiration date. Immediately thereafter, but still prior to the completion of the initial public offering, the Class A common stock and Class B common stock were reclassified into voting common stock and non-voting common stock, respectively, in exempt transactions under Rule 16b-7.
F2 The securities reported herein are held of record by Ossa Investments Pte. Ltd. ("Ossa Investments"), which is a direct wholly-owned subsidiary of Hotham Investments Pte. Ltd. ("Hotham"). Hotham is a direct wholly-owned subsidiary of Fullerton Management Pte Ltd ("FMPL"), which in turn is a direct wholly-owned subsidiary of Temasek Holdings (Private) Limited ("Temasek Holdings"). Hotham, FMPL and Temasek Holdings may therefore be deemed to have or share beneficial ownership of the securities held by Ossa Investments.