Peter Butterfield - Jun 5, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
General Counsel and CCO
Signature
/s/ Peter Butterfield
Stock symbol
FLYW
Transactions as of
Jun 5, 2023
Transactions value $
-$332,052
Form type
4
Date filed
6/7/2023, 04:13 PM
Previous filing
May 22, 2023
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $6.87K +2.1K +1.75% $3.28* 122K Jun 5, 2023 Direct
transaction FLYW Voting Common Stock Options Exercise $13K +3.3K +2.71% $3.95* 125K Jun 5, 2023 Direct
transaction FLYW Voting Common Stock Sale -$352K -11.2K -8.98% $31.34 114K Jun 5, 2023 Direct F1, F2

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 Stock Option (right to buy) Options Exercise $0 -2.1K -2.27% $0.00 90.1K Jun 5, 2023 Voting Common Stock 2.1K $3.28 Direct F3
transaction FLYW Stock Option (right to buy) Options Exercise $0 -3.3K -2.83% $0.00 113K Jun 5, 2023 Voting Common Stock 3.3K $3.95 Direct F4
* 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 Reporting 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 $30.87 to $31.79, 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 shares originally subject to this option are fully vested as of the date hereof.
F4 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.