Filing Details
- Accession Number:
- 0000950170-23-012893
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-04-14 16:16:31
- Reporting Period:
- 2023-04-12
- Accepted Time:
- 2023-04-14 16:16:31
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1580560 | Flywire Corp | FLYW | Services-Business Services, Nec (7389) | 270690799 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1862898 | G Michael Ellis | C/O Flywire Corporation 141 Tremont Street, Suite 10 Boston MA 02111 | Chief Financial Officer | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Voting Common Stock | Acquisiton | 2023-04-12 | 4,445 | $3.28 | 194,084 | No | 4 | M | Direct | |
| Voting Common Stock | Disposition | 2023-04-12 | 12,000 | $29.05 | 182,084 | No | 4 | S | Direct | |
| Voting Common Stock | Acquisiton | 2023-04-12 | 50,000 | $0.35 | 232,084 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Stock Option (right to buy) | Disposition | 2023-04-12 | 4,445 | $0.00 | 4,445 | $3.28 |
| Voting Common Stock | Stock Option (right to buy) | Disposition | 2023-04-12 | 50,000 | $0.00 | 50,000 | $0.35 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 144,705 | 2028-11-27 | No | 4 | M | Direct | |
| 101,729 | 2025-04-29 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Voting Common Stock | 18,125 | Indirect | By GRAT |
| Voting Common Stock | 28,927 | Indirect | By GRAT |
Footnotes
- The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.69 to $29.57, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the ranges set forth in this footnote 2 to this Form 4.
- The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 1, 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 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.
- The shares originally subject to this option are fully vested as of the date hereof.
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