David R. King - 14 Mar 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Chief Technology Officer
Signature
/s/ David R. King
Issuer symbol
FLYW
Transactions as of
14 Mar 2023
Net transactions value
-$236,377
Form type
4
Filing time
15 Mar 2023, 20:42:53 UTC
Previous filing
06 Feb 2023
Next filing
14 Apr 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 Award $0 +120,640 +15% $0.000000 932,819 14 Mar 2023 Direct F1
transaction FLYW Voting Common Stock Sale $236,377 -8,985 -0.96% $26.31 923,834 14 Mar 2023 Direct F2
holding FLYW Voting Common Stock 8,654 14 Mar 2023 By Revocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock underlying a time-based restricted stock unit award (RSU). The RSU vests with respect to 25% of the shares on March 1, 2024, with the remainder vesting in equal quarterly installments over the following three years, provided that the Reporting Person has provided continuous service to the Issuer through the applicable vesting date.
F2 These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person in order to cover tax withholding obligations upon the settlement of certain RSUs.
F3 The shares are held by the D R King Revocable Trust Dated 10/05/07, 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.