Peter Butterfield - 27 Jan 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
General Counsel and CCO
Signature
/s/ Peter Butterfield
Issuer symbol
FLYW
Transactions as of
27 Jan 2023
Net transactions value
-$248,721
Form type
4
Filing time
31 Jan 2023, 15:15:41 UTC
Previous filing
20 Jan 2023
Next filing
24 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $11,042 +3,370 +4.7% $3.28* 75,198 27 Jan 2023 Direct F1
transaction FLYW Voting Common Stock Options Exercise $13,300 +3,370 +4.5% $3.95* 78,568 27 Jan 2023 Direct
transaction FLYW Voting Common Stock Sale $273,063 -10,110 -13% $27.01 68,458 27 Jan 2023 Direct F2, 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 -3,370 -2.7% $0.000000 119,844 27 Jan 2023 Voting Common Stock 3,370 $3.28 Direct F4
transaction FLYW Employee Stock Option (right to buy) Options Exercise $0 -3,370 -2.8% $0.000000 116,630 27 Jan 2023 Voting Common Stock 3,370 $3.95 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted to reflect 320 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 $27.00 to $27.04, 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 originally subject to this option are fully vested as of the date hereof.
F5 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.