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Filing Details

Accession Number:: 0000899243-22-036581
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-21 20:40:39
Reporting Period:: 2022-11-17

Accepted Time:: 2022-11-21 20:40:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1580560	Flywire Corp	FLYW	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1309469	Bain Capital Venture Investors, Llc	200 Clarendon Street Boston MA 02116	No	No	Yes	No
1859012	Bcip Venture Associates Ii-B, Lp	200 Clarendon Street Boston MA 02116	No	No	Yes	No
1859026	Bcip Venture Associates Ii, L.p.	200 Clarendon Street Boston MA 02116	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Voting Common Stock	Disposition	2022-11-17	1,903,864	$0.00	11,741,524	No	4	J	Indirect	See footnotes
Voting Common Stock	Disposition	2022-11-21	96,136	$20.51	11,645,388	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Footnotes

On November 17, 2022, each of Bain Capital Venture Fund, L.P. ("Venture Fund 2014"), Bain Capital Venture Fund 2016, L.P. ("Venture Fund 2016"), Bain Capital Venture Coinvestment Fund II, L.P. ("Venture Coinvestment Fund II"), BCV 2019-MD Coinvestment II, L.P. ("2019-MD Coinvestment II"), BCIP Venture Associates ("BCIP Venture"), BCIP Venture Associates-B ("BCIP Venture-B"), BCIP Venture Associates II, LP ("BCIP Venture II") and BCIP Venture Associates II-B, LP ("BCIP Venture II-B" and, together with Venture Fund 2014, Venture Fund 2016, Venture Coinvestment Fund II, 2019-MD Coinvestment II, BCIP Venture, BCIP Venture-B and BCIP Venture II, the "Bain Capital Venture Entities") distributed shares of the Issuer's Voting Common Stock to one or more partners in pro rata in-kind distributions without consideration, which included subsequent distributions by general partners or managing members to their respective partners or members (the "Distribution").
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.23 to $20.99, inclusive. The reporting persons undertake to provide to Flywire Corporation, any security holder of Flywire Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Includes 9,556,504 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2014, 637,066 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2016, 974,274 shares of the Issuer's Voting Common Stock held directly by BCIP Venture, 65,547 shares of the Issuer's Voting Common Stock held directly by BCIP Venture-B, 94,681 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II, 7,138 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II-B, 298,248 shares of the Issuer's Voting Common Stock held directly by Venture Coinvestment Fund II and 11,930 shares of the Issuer's Voting Common Stock held directly by 2019-MD Coinvestment II, in each case, after giving effect to the Distribution and sales referenced in footnote 2 above.
Bain Capital Venture Investors, LLC ("BCVI") is (i) the general partner of Bain Capital Venture Partners 2014, L.P. ("Venture Partners 2014"), which is the general partner of Venture Fund 2014. As a result, Venture Partners 2014 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2014. Venture Partners 2014 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
BCVI is the general partner of Bain Capital Venture Partners 2016, L.P. ("Venture Partners 2016"), which is the general partner of Venture Fund 2016. As a result, Venture Partners 2016 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2016. Venture Partners 2016 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
BCVI is the manager of Bain Capital Venture Coinvestment II Investors, LLC ("Venture Coinvestment II Investors"), which is the general partner of each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. As a result, Venture Coinvestment II Investors may be deemed to share voting and dispositive power with respect to the securities held by each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. Venture Coinvestment II Investors disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
Boylston Coinvestors, LLC is (i) the managing partner of each of BCIP Venture and BCIP Venture-B and (ii) the general partner of each of BCIP Venture II and BCIP Venture II-B.
The governance, investment strategy and decision-making process with respect to the investments held by the Bain Capital Venture Entities is directed by the Executive Committee of BCVI. As a result, BCVI may be deemed to share voting and dispositive power with respect to all of the securities held by the Bain Capital Venture Entities. BCVI disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.