Michael G. Ellis - 15 Feb 2024 Form 4 Insider Report for Flywire Corp (FLYW)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
16 Feb 2024, 16:28:58 UTC
Prior SEC filing
18 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael G. Ellis

Key filing fact

Michael G. Ellis filed Form 4 for Flywire Corp (FLYW) on 16 Feb 2024.

Key facts

  • This page summarizes Michael G. Ellis's Form 4 filing for Flywire Corp (FLYW).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Feb 2024, 16:28.

Change

  • Previous filing in this sequence was filed on 18 Jan 2024.
  • Current net transaction value: -$59,080.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FLYW transaction

Voting Common Stock

Options Exercise

Transaction value
$13,825
Shares
+3,500
Change %
+1%
Price
$3.95
Shares after
340,818
Date
15 Feb 2024
Ownership
Direct
FLYW transaction

Voting Common Stock

Sale

Transaction value
$72,905
Shares
-3,500
Change %
-1%
Price
$20.83
Shares after
337,318
Date
15 Feb 2024
Ownership
Direct
FLYW holding

Voting Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
27,805
Date
15 Feb 2024
Ownership
By GRAT
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLYW transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,500
Change %
-3.9%
Price
$0.000000
Shares after
86,500
Date
15 Feb 2024
Ownership
Direct
Underlying class
Voting Common Stock
Underlying amount
3,500
Exercise price
$3.95
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 2, 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.

Footnote F2

The shares originally 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .