Rob Orgel - Nov 22, 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Rob Orgel
Stock symbol
FLYW
Transactions as of
Nov 22, 2021
Transactions value $
-$1,046,254
Form type
4
Date filed
11/23/2021, 07:12 PM
Previous filing
May 28, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $99K +30K $3.30* 30K Nov 22, 2021 Direct
transaction FLYW Voting Common Stock Sale -$541K -14.5K -48.17% $37.43 15.5K Nov 22, 2021 Direct F1, F2
transaction FLYW Voting Common Stock Sale -$344K -9.01K -57.96% $38.12 6.54K Nov 22, 2021 Direct F1, F3
transaction FLYW Voting Common Stock Sale -$138K -3.49K -53.34% $39.66 3.05K Nov 22, 2021 Direct F1, F4
transaction FLYW Voting Common Stock Sale -$119K -2.96K -97.08% $40.13 89 Nov 22, 2021 Direct F1, F5
transaction FLYW Voting Common Stock Sale -$3.67K -89 -100% $41.28 0 Nov 22, 2021 Direct F1, F6
holding FLYW Voting Common Stock 75K Nov 22, 2021 See footnote F7

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 Employee Stock Option (right to buy) Options Exercise $0 -30K -5.26% $0.00 540K Nov 22, 2021 Voting Common Stock 30K $3.30 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.805 to $37.80, 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.83 to $38.69, 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 (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.94 to $39.92, 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 $39.95 to $40.69, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.01 to $41.28, 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 (6) to this Form 4.
F7 The shares are held by a trust, of which the Reporting Person's spouse is the 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.
F8 The shares originally subject to this option vest over 4 years of service following November 1, 2019, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.