Matthew C. Harris - Jun 14, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Director
Signature
/s/ Matthew C Harris
Stock symbol
FLYW
Transactions as of
Jun 14, 2023
Transactions value $
-$7,552,737
Form type
4
Date filed
6/16/2023, 06:44 PM
Previous filing
May 26, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Other $0 -3.55M -93.61% $0.00 242K Jun 14, 2023 See footnotes F1, F2, F3
transaction FLYW Voting Common Stock Sale -$5.95M -192K -79.2% $30.98 50.4K Jun 16, 2023 See footnotes F1, F2, F4
transaction FLYW Voting Common Stock Sale -$1.61M -50.4K -100% $31.86 0 Jun 16, 2023 See footnotes F1, F2, F5
holding FLYW Voting Common Stock 108K Jun 14, 2023 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of securities held by Bain Capital Venture Fund 2014, L.P. ("BCV Fund 2014"), Bain Capital Venture Fund 2016, L.P. ("BCV Fund 2016"), Bain Capital Venture Coinvestment Fund II, L.P. ("BCV Coinvest Fund II"), BCV 2019-MD Coinvestment II, L.P. ("BCV 2019-MD Coinvest II"), Bain Capital Venture Partners 2014, L.P. ("BCV Partners 2014"), Bain Capital Venture Partners 2016, L.P. ("BCV Partners 2016"), Bain Capital Venture Coinvestment II Partners, L.P. ("BCV Coinvest II Partners"), BCIP Venture Associates ("BCIP Venture"), BCIP Venture Associates-B ("BCIP Venture-B"), BCIP Venture Associates II, LP ("BCIP Venture II") and BCIP Venture Associates II-B, LP ("BCIP Venture II-B" and, together with BCV Fund 2014, BCV Fund 2016, BCV Coinvest Fund II, BCV 2019-MD Coinvest II, BCV Partners 2014, BCV Partners 2016, BCV Coinvest II Partners, BCIP Venture, BCIP Venture-B and BCIP Venture II, the "Bain Capital Venture Entities").
F2 Bain Capital Venture Investors, LLC ("BCVI") (i) is the ultimate general partner of BCV Fund 2014, BCV Fund 2016, BCV Coinvest Fund II, BCV 2019-MD Coinvest II, BCV Partners 2014, BCV Partners 2016 and BCV Coinvest II Partners and (ii) governs the investment strategy and decision-making process with respect to investments held by BCIP Venture, BCIP Venture-B, BCIP Venture II and BCIP Venture II-B. Mr. Harris is a Partner of BCVI. By virtue of the relationships described in this footnote, Mr. Harris may be deemed to share voting and dispositive power with respect to the securities held by the Bain Capital Venture Entities. Mr. Harris disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3 On June 14, 2023, certain of the Bain Capital Venture Entities distributed an aggregate of 3,553,002 shares of Voting Common Stock to one or more partners in pro-rata in-kind distributions without consideration, including an aggregate of 62,411 shares of Voting Common Stock that were distributed to Mr. Harris.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.70 to $31.70, inclusive. The reporting person undertakes to provide to Flywire Corporation, any security holder of Flywire Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (4) and (5) herein.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.71 to $32.00, inclusive.
F6 Includes 62,411 shares of Voting Common Stock received in the distributions referred to in footnote (3) above.