David R. King - Nov 17, 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ David R. King
Stock symbol
FLYW
Transactions as of
Nov 17, 2021
Transactions value $
-$1,870,484
Form type
4
Date filed
11/19/2021, 04:20 PM
Previous filing
May 28, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Gift $0 -172K -20% $0.00 686K Nov 4, 2021 Direct F1
transaction FLYW Voting Common Stock Sale -$485K -11.3K -6.56% $43.04 160K Nov 17, 2021 By Revocable Trust F2, F3, F4
transaction FLYW Voting Common Stock Sale -$1.38M -31.5K -19.67% $43.82 129K Nov 17, 2021 By Revocable Trust F2, F3, F5
transaction FLYW Voting Common Stock Sale -$4.54K -100 -0.08% $45.36 129K Nov 17, 2021 By Revocable Trust F2, F3
holding FLYW Voting Common Stock 172K Nov 17, 2021 By Revocable Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 4, 2021, the Reporting Person transferred 171,540 shares of the Issuer's common stock to a family trust of which the Reporting Person is trustee and the sole beneficiaries.
F2 The shares are held by the D R King Revocable Trust Dated 10/05/07, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of the Reporting Person's pecuniary interests therein, if any.
F3 Shares were sold pursuant to a Rule 10b5-1 trading plan.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.33 to $43.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within the ranges set forth in this footnote (4) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.28 to $44.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within the ranges set forth in this footnote (5) to this Form 4.