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

Signature
/s/ Rob Orgel
Stock symbol
FLYW
Transactions as of
Sep 1, 2022
Transactions value $
-$401,221
Form type
4
Date filed
9/6/2022, 04:49 PM
Previous filing
Aug 5, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $9.33K +2.36K +1.86% $3.95* 129K Sep 1, 2022 Direct F1
transaction FLYW Voting Common Stock Sale -$56.9K -2.36K -1.83% $24.09 127K Sep 1, 2022 Direct F2, F3
transaction FLYW Voting Common Stock Options Exercise $69.7K +17.6K +13.91% $3.95* 144K Sep 2, 2022 Direct
transaction FLYW Voting Common Stock Sale -$423K -17.6K -12.21% $24.00 127K Sep 2, 2022 Direct F2

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 Stock Option (right to buy) Options Exercise $0 -2.36K -0.52% $0.00 448K Sep 1, 2022 Voting Common Stock 2.36K $3.95 Direct F4
transaction FLYW Stock Option (right to buy) Options Exercise $0 -17.6K -3.94% $0.00 430K Sep 2, 2022 Voting Common Stock 17.6K $3.95 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted to reflect 756 shares acquired under the Issuer's Employee Stock Purchase Plan.
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 $24.00 to $24.385, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and 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 subject to this option vest over 4 years of service following January 21, 2021, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.