Michael G. Ellis - Jun 5, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Chief Financial Officer
Signature
/s/ Michael G. Ellis
Stock symbol
FLYW
Transactions as of
Jun 5, 2023
Transactions value $
-$69,367
Form type
4
Date filed
7/7/2023, 04:30 PM
Previous filing
May 16, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Sale -$69.4K -2.22K -0.97% $31.30 226K Jun 5, 2023 Direct F1, F2
holding FLYW Voting Common Stock 18.1K Jun 5, 2023 By GRAT F3
holding FLYW Voting Common Stock 28.9K Jun 5, 2023 By GRAT F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 time-based restricted stock unit awards.
F2 This transaction is being reported late due to inadvertent administrative error. The amount in Column 5 of this Form 4 reflects the number of shares beneficially owned by the Reporting Person as of the date of this report after giving effect to the reported transaction and previously reported transactions that occurred after June 5, 2023.
F3 The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 1, 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.
F4 The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 2, 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.