Michael Massaro - 11 Apr 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ Michael Massaro
Issuer symbol
FLYW
Transactions as of
11 Apr 2023
Net transactions value
-$1,075,477
Form type
4
Filing time
13 Apr 2023, 16:40:28 UTC
Previous filing
05 Apr 2023
Next filing
18 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Sale $738,702 -25,740 -2.1% $28.70 1,174,494 11 Apr 2023 Direct F1, F2
transaction FLYW Voting Common Stock Sale $1,464 -50 -0% $29.27 1,174,444 11 Apr 2023 Direct F1
transaction FLYW Voting Common Stock Sale $335,312 -11,457 -0.98% $29.27 1,162,987 12 Apr 2023 Direct F1, F3
holding FLYW Voting Common Stock 300,000 11 Apr 2023 See footnote F4
holding FLYW Voting Common Stock 82,932 11 Apr 2023 By: GRAT F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reported Person, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.27 to $29.26, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.04 to $29.49, 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 are held by the Michael P. Massaro 2021 Irrevocable Trust, of which the Reporting Person's spouse 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.
F5 The shares are held by the Michael P. Massaro 2021 Qualified Annuity Trust, 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 beneficials 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.