Peter Butterfield - 18 Jul 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role
General Counsel and CCO
Signature
/s/ Peter Butterfield
Issuer symbol
FLYW
Transactions as of
18 Jul 2023
Net transactions value
-$341,948
Form type
4
Filing time
20 Jul 2023, 16:27:19 UTC
Previous filing
07 Jul 2023
Next filing
22 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $31,028 +7,862 +7% $3.95* 120,753 18 Jul 2023 Direct F1
transaction FLYW Voting Common Stock Sale $372,977 -11,232 -9.3% $33.21 109,521 18 Jul 2023 Direct F2, F3

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 -7,862 -6.9% $0.000000 105,465 18 Jul 2023 Voting Common Stock 7,862 $3.95 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted to reflect 368 shares acquired under the Issuer's Employee Stock Purchase Plan
F2 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).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.61 to $33.53, 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 3 to this Form 4.
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.