Jo Natauri - Nov 30, 2022 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Director
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
FLYW
Transactions as of
Nov 30, 2022
Transactions value $
-$3,752,597
Form type
4
Date filed
12/2/2022, 03:26 PM
Previous filing
Nov 30, 2022
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Conversion of derivative security +121K +8.16% 1.6M Nov 30, 2022 See footnote F1, F2, F3, F4
transaction FLYW Voting Common Stock Sale -$2.55M -121K -7.54% $21.18 1.48M Nov 30, 2022 See footnote F1, F3, F4
transaction FLYW Voting Common Stock Conversion of derivative security +55.5K +6.08% 969K Dec 1, 2022 See footnote F1, F3, F4, F5
transaction FLYW Voting Common Stock Sale -$1.2M -55.5K -5.73% $21.62 913K Dec 1, 2022 See footnote F1, F3, F4

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 Non-Voting Common Stock Conversion of derivative security $0 -121K -8.74% $0.00 1.26M Nov 30, 2022 Voting Common Stock 121K See footnote F1, F2, F3, F4
transaction FLYW Non-Voting Common Stock Conversion of derivative security $0 -55.5K -4.41% $0.00 1.2M Dec 1, 2022 Voting Common Stock 55.5K See footnote F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a managing director of Goldman Sachs & Co., LLC ("Goldman Sachs"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of the Reporting Person's pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2 The Non-Voting Common Stock is convertible into an equal number of shares of Voting Common Stock immediately prior to the execution of the sale of such shares as reported in Table I. On November 30, 2022, the reporting person consummated the sale of all 120,500 shares of Non-Voting Common Stock, resulting in the automatic conversion of such shares into Voting Common Stock upon the execution of the sale of such shares as reported in Table I.
F3 Goldman Sachs and The Goldman Sachs Group, Inc. ("GS Group") may be deemed to beneficially own indirectly these shares by reason of the direct or indirect beneficial ownership of such shares by Goldman Sachs PSI Global Holdings, LLC ("GSPSI"), StoneBridge 2020, L.P. ("SB Fund"), StoneBridge 2020 Offshore Holdings II, L.P. ("SB Fund Offshore" and, together with SB Fund, the "SB Funds") and Bridge Street Opportunity Advisors, L.L.C. ("Bridge Street"). Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the investment manager of the SB Funds, and Bridge Street is the general partner of the SB Funds. Each of Bridge Street and GSPSI is wholly owned by GS Group.
F4 Goldman Sachs and GS Group may be deemed to beneficially own indirectly these shares by reason of the direct or indirect beneficial ownership of such shares by GSPSI, the SB Funds and Bridge Street. Goldman Sachs is a subsidiary of GS Group. Goldman Sachs is the investment manager of the SB Funds, and Bridge Street is the general partner of the SB Funds. Each of Bridge Street and GSPSI is wholly owned by GS Group.
F5 The Non-Voting Common Stock is convertible into an equal number of shares of Voting Common Stock immediately prior to the execution of the sale of such shares as reported in Table I. On December 1, 2022, the reporting person consummated the sale of all 55,523 shares of Non-Voting Common Stock, resulting in the automatic conversion of such shares into Voting Common Stock upon the execution of the sale of such shares as reported in Table I.