Rob Orgel - Jul 5, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role: President and COO
Signature: /s/ Rob Orgel
Stock symbol: FLYW
Transactions as of: Jul 5, 2023
Transactions value $: -$506,434
Form type: 4
Date filed: 7/7/2023, 04:51 PM
Previous filing: Jul 7, 2023
Next filing: Sep 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLYW	Voting Common Stock	Options Exercise	$59.3K	+15K	+5.52%	$3.95^*	287K	Jul 5, 2023	Direct
transaction	FLYW	Voting Common Stock	Sale	-$564K	-19K	-6.63%	$29.67	268K	Jul 5, 2023	Direct	F1, F2
transaction	FLYW	Voting Common Stock	Sale	-$1.35K	-44	-0.02%	$30.67	268K	Jul 5, 2023	Direct	F1

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	-15K	-5.45%	$0.00	260K	Jul 5, 2023	Voting Common Stock	15K	$3.95	Direct	F3

* 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 $29.33 to $30.225, inclusive. The Reporting Person undertakes to provide to the Issuer 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 ranges set forth in this footnote 2 to this Form 4.
F3	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 substantially equal monthly installments thereafter.