Michael Massaro - Aug 1, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role: Chief Executive Officer, Director
Signature: /s/ Michael Massaro
Stock symbol: FLYW
Transactions as of: Aug 1, 2023
Transactions value $: $117,260
Form type: 4
Date filed: 8/3/2023, 04:21 PM
Previous filing: Jul 14, 2023
Next filing: Aug 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLYW	Voting Common Stock	Options Exercise	$117K	+35.8K	+3.36%	$3.28^*	1.1M	Aug 1, 2023	Direct	F1
holding	FLYW	Voting Common Stock						337K	Aug 1, 2023	See footnote	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	-35.8K	-4.5%	$0.00	758K	Aug 1, 2023	Voting Common Stock	35.8K	$3.28	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Adjusted to reflect 1,044 shares acquired under the Issuer's Employee Stock Purchase Plan.
F2	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.
F3	The shares subject to this option vest in equal monthly installments over the next 48 months of continuous service to the Issuer after February 29, 2019.