Spark Management Partners II, LLC - 11 Nov 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Role
10%+ Owner
Signature
Spark Growth Management Partners, LLC, /s/ Paul Conway, Managing Member
Issuer symbol
FLYW
Transactions as of
11 Nov 2021
Net transactions value
$0
Form type
4
Filing time
15 Nov 2021, 18:40:36 UTC
Previous filing
28 May 2021
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Other $0 -2,951,395 -20% $0.000000 11,948,786 11 Nov 2021 See footnote F1, F2
transaction FLYW Voting Common Stock Other $0 +759,765 $0.000000 759,765 11 Nov 2021 See footnote F3, F4
transaction FLYW Voting Common Stock Other $0 -759,765 -100% $0.000000* 0 11 Nov 2021 See footnote F4, F5
transaction FLYW Voting Common Stock Other $0 +4,938 $0.000000 4,938 11 Nov 2021 See footnote F10, F11
transaction FLYW Voting Common Stock Other $0 -19,307 -20% $0.000000 78,166 11 Nov 2021 See footnote F6, F7
holding FLYW Voting Common Stock 10,257 11 Nov 2021 See footnote F8
holding FLYW Voting Common Stock 1,036,509 11 Nov 2021 See footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by Spark Capital II, L.P. ("Spark Capital II") to its partners.
F2 These shares are held of record by Spark Capital II. Spark Management Partners II, LLC ("SMP II") is the general partner of Spark Capital II. Paul Conway, Bijan Sabet, Santo Politi, and Alexander J. Finkelstein, a member of the Issuer's board of directors (the "SMP II Managing Members") are the managing members of SMP II. Each of the SMP II Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the SMP II 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 Represents a change in the form of ownership of SMP II by virtue of the receipt of shares in the pro-rata in-kind distribution of voting common stock of the Issuer for no consideration by Spark Capital II.
F4 The shares are held by SMP II. The SMP II Managing Members are the managing members of SMP II. Each of the SMP II Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the SMP II 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 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by SMP II to its members.
F6 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by Spark Capital Founders' Fund II, L.P. ("Spark Capital FF II") to its partners.
F7 These shares are held of record by Spark Capital FF II. SMP II is the general partner of Spark Capital FF II. The SMP II Managing Members are the managing members of SMP II. Each of the SMP II Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the SMP II 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.
F8 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. Paul Conway, Bijan Sabet, Santo Politi, and Jeremy Philips (the "SGMP Managing Members") are the managing members of SGMP. Each of the SGMP Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the SGMP 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.
F9 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 SGMP Managing Members are the managing members of SGMP. Each of the SGMP Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the SGMP 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.
F10 Represents a change in the form of ownership of Spark Capital Partners, LLC ("SCP") by virtue of the receipt of shares in the pro-rata in-kind distribution of voting common stock of the Issuer for no consideration by SMP II.
F11 The shares are held by SCP. The principal managing members of SCP are Alex Finkelstein, Jeremy Philips and Santo Politi (the "SCP Managing Members"). Each of SCP and the SCP 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, if any.

Remarks:

Alexander J. Finkelstein is a member of the Issuer's board of directors and files separate Section 16 reports.