David R. King - 13 Nov 2023 Form 4 Insider Report for Flywire Corp (FLYW)

Role: Chief Technology Officer
Signature: /s/ David R. King
Issuer symbol: FLYW
Transactions as of: 13 Nov 2023
Net transactions value: +$93,098
Form type: 4
Filing time: 15 Nov 2023, 18:42:35 UTC
Previous filing: 31 Oct 2023
Next filing: 20 Nov 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	$61,940	+15,681	+3.6%	$3.95	453,800	13 Nov 2023	Direct
transaction	FLYW	Voting Common Stock	Options Exercise	$31,158	+7,888	+1.7%	$3.95	461,688	14 Nov 2023	Direct
holding	FLYW	Voting Common Stock						276,204	13 Nov 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	-15,681	-20%	$0.000000	64,419	13 Nov 2023	Voting Common Stock	15,681	$3.95	Direct	F2
transaction	FLYW	Employee Stock Option (right to buy)	Options Exercise	$0	-7,888	-12%	$0.000000	56,531	14 Nov 2023	Voting Common Stock	7,888	$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.

Content

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.

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.