Michael G. Ellis - Dec 12, 2022 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Michael G. Ellis
Stock symbol
FLYW
Transactions as of
Dec 12, 2022
Transactions value $
-$151,686
Form type
4
Date filed
12/14/2022, 03:13 PM
Previous filing
Nov 16, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Sale -$152K -7K -4.84% $21.67 138K Dec 12, 2022 Direct F1, F2, F3, F4
holding FLYW Voting Common Stock 18.1K Dec 12, 2022 By GRAT F3, F5
holding FLYW Voting Common Stock 28.9K Dec 12, 2022 By GRAT F4, F6
* 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 $21.14 to $22.00, 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 (2) to this Form 4.
F3 Amount reflects annuity payment of 11,875 shares from the Michael Ellis 2021 Grantor Retained Annuity Trust No. 1, of which the Reporting Person is a trustee, to the Reporting Person.
F4 Amount reflects annuity payment of 1,073 shares from the Michael Ellis 2021 Grantor Retained Annuity Trust No. 2, of which the Reporting Person is a trustee, to the Reporting Person.
F5 The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 1, 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.
F6 The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 2, 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.