Rob Orgel - Apr 1, 2022 Form 4 Insider Report for Flywire Corp (FLYW)

Role
President and COO
Signature
/s/ Rob Orgel
Stock symbol
FLYW
Transactions as of
Apr 1, 2022
Transactions value $
-$556,678
Form type
4
Date filed
4/4/2022, 07:13 PM
Previous filing
Mar 8, 2022
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $66K +20K +15.87% $3.30* 146K Apr 1, 2022 Direct
transaction FLYW Voting Common Stock Sale -$623K -20K -13.7% $31.13 126K Apr 1, 2022 Direct F1, F2
holding FLYW Voting Common Stock 40K Apr 1, 2022 See footnote F3

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 -20K -3.92% $0.00 490K Apr 1, 2022 Voting Common Stock 20K $3.30 Direct F4
* 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 $30.61 to $31.57, 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 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.
F4 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.