David R. King - Sep 5, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role: Chief Technology Officer
Signature: /s/ David R. King
Stock symbol: FLYW
Transactions as of: Sep 5, 2023
Transactions value $: -$119,738
Form type: 4
Date filed: 9/7/2023, 04:21 PM
Previous filing: Aug 11, 2023
Next filing: Oct 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLYW	Voting Common Stock	Sale	-$120K	-3.55K	-0.82%	$33.75	428K	Sep 5, 2023	Direct	F1
holding	FLYW	Voting Common Stock						276K	Sep 5, 2023	By Revocable Trust	F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Voting Common Stock by the Issuer for which the underwriting agreement was entered into on August 9, 2023. The transaction was pursuant to an exception to the lock-up agreement for sales to cover tax withholding obligations upon the settlement of certain time-based restricted stock unit awards. These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person.
F2	The shares are held by the D R King Revocable Trust Dated 10/05/07, 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.

Content

The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Voting Common Stock by the Issuer for which the underwriting agreement was entered into on August 9, 2023. The transaction was pursuant to an exception to the lock-up agreement for sales to cover tax withholding obligations upon the settlement of certain time-based restricted stock unit awards. These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person.

The shares are held by the D R King Revocable Trust Dated 10/05/07, 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.