Rob Orgel - Jan 17, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Rob Orgel
Stock symbol
FLYW
Transactions as of
Jan 17, 2023
Transactions value $
-$873,144
Form type
4
Date filed
1/19/2023, 03:12 PM
Previous filing
Jan 4, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $158K +40K +25.47% $3.95* 197K Jan 17, 2023 Direct
transaction FLYW Voting Common Stock Sale -$1.03M -40K -20.3% $25.78 157K Jan 17, 2023 Direct F1, 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 -40K -10% $0.00 360K Jan 17, 2023 Voting Common Stock 40K $3.95 Direct F3
* 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 acquired in multiple transactions at prices ranging from $25.455 to $26.07, inclusive. The Reporting Persons undertake to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote 2 to this Form 4.
F3 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.