Rob Orgel - Jan 3, 2022 Form 4 Insider Report for Flywire Corp (FLYW)

Role: President and COO
Signature: /s/ Rob Orgel
Stock symbol: FLYW
Transactions as of: Jan 3, 2022
Transactions value $: -$345,597
Form type: 4
Date filed: 1/4/2022, 04:40 PM
Previous filing: Nov 23, 2021
Next filing: Feb 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLYW	Voting Common Stock	Options Exercise	$33K	+10K		$3.30^*	10K	Jan 3, 2022	Direct
transaction	FLYW	Voting Common Stock	Sale	-$338K	-8.93K	-89.34%	$37.81	1.07K	Jan 3, 2022	Direct	F1, F2
transaction	FLYW	Voting Common Stock	Sale	-$40.8K	-1.07K	-100%	$38.28	0	Jan 3, 2022	Direct	F1, F3
holding	FLYW	Voting Common Stock						75K	Jan 3, 2022	See footnote	F4

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	-10K	-1.85%	$0.00	530K	Jan 3, 2022	Voting Common Stock	10K	$3.30	Direct	F5

* 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 $37.12 to $38.11, 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 sold 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 $38.17 to $38.50, 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 sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
F4	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.
F5	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.