Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FLYW | Voting Common Stock | Gift | $0 | -490K | -53.04% | $0.00 | 434K | Feb 15, 2023 | Direct | F1, F2 |
holding | FLYW | Voting Common Stock | 466K | Mar 30, 2023 | By Revocable Trust | F3, F4 |
Id | Content |
---|---|
F1 | On February 15, 2023, the Reporting Person transferred 490,000 shares of the Issue's common stock to a family trust of which the Reporting Person is trustee and the sole beneficiary (the "Gift"). |
F2 | The balance reflects the Gift and an additional 32,689 shares that were inadvertently reported on April 3, 2023 as sold from the Reporting Person's account. |
F3 | The balance reflects the Gift less an aggregate of 32,689 shares sold by the Trust (as defined in footnote 4) on March 30, 2023 and March 31, 2023, as such shares were inadvertently reported on April 3, 2023 as sold from the Reporting Person's account rather than the Trust. |
F4 | The shares are held by the D R King Revocable Trust Dated 10/05/07 (the "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 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. |