David R. King - Jan 3, 2024 Form 4 Insider Report for Flywire Corp (FLYW)

Signature
/s/ David R. King
Stock symbol
FLYW
Transactions as of
Jan 3, 2024
Transactions value $
$67,766
Form type
4
Date filed
1/5/2024, 04:16 PM
Previous filing
Dec 7, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $67.8K +17.2K +3.63% $3.95* 490K Jan 3, 2024 Direct
holding FLYW Voting Common Stock 276K Jan 3, 2024 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 -17.2K -41.31% $0.00 24.4K Jan 3, 2024 Voting Common Stock 17.2K $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.