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

Role
Chief Executive Officer, Director
Signature
/s/ Michael Massaro
Stock symbol
FLYW
Transactions as of
Jun 5, 2023
Transactions value $
-$238,591
Form type
4
Date filed
7/7/2023, 04:34 PM
Previous filing
Jun 1, 2023
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Sale -$239K -7.62K -0.7% $31.30 1.09M Jun 5, 2023 Direct F1, F2
holding FLYW Voting Common Stock 337K Jun 5, 2023 See footnote F3
* 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 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.