David R. King - Oct 27, 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ David R. King
Stock symbol
FLYW
Transactions as of
Oct 27, 2023
Transactions value $
$39,105
Form type
4
Date filed
10/31/2023, 05:30 PM
Previous filing
Sep 7, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $39.1K +9.9K +2.31% $3.95* 438K Oct 27, 2023 Direct
holding FLYW Voting Common Stock 276K Oct 27, 2023 By Revocable Trust 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 Employee Stock Option (right to buy) Options Exercise $0 -9.9K -11% $0.00 80.1K Oct 27, 2023 Voting Common Stock 9.9K $3.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.