Michael Massaro - Dec 7, 2021 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Michael Massaro
Stock symbol
FLYW
Transactions as of
Dec 7, 2021
Transactions value $
-$1,008,735
Form type
4
Date filed
12/9/2021, 04:32 PM
Previous filing
Dec 1, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Gift $0 -30K -2.77% $0.00 1.05M Dec 7, 2021 Direct F1
transaction FLYW Voting Common Stock Sale -$310K -7.47K -0.71% $41.47 1.04M Dec 7, 2021 Direct F2, F3
transaction FLYW Voting Common Stock Sale -$195K -4.63K -0.44% $42.16 1.04M Dec 7, 2021 Direct F2, F4
transaction FLYW Voting Common Stock Sale -$491K -11.8K -1.14% $41.62 1.03M Dec 8, 2021 Direct F2, F5
transaction FLYW Voting Common Stock Sale -$12.6K -300 -0.03% $42.07 1.03M Dec 8, 2021 Direct F2, F6
holding FLYW Voting Common Stock 300K Dec 7, 2021 See footnote F7
holding FLYW Voting Common Stock 120K Dec 7, 2021 By: GRAT F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a gift by the Reporting Person to a charitable donor advised fund.
F2 Shares were sold pursuant to a Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.82 to $41.80, 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 (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 $41.835 to $42.52, 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 $41.04 to $42.015, 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 $42.045 to $42.13, 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 the Michael P. Massaro 2021 Irrevocable Trust, of which the Reporting Person's spouse 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.
F8 The shares are held by the Michael P. Massaro 2021 Qualified Annuity Trust, 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.