Filing Details
- Accession Number:
- 0000950170-23-043690
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-21 16:10:39
- Reporting Period:
- 2023-08-17
- Accepted Time:
- 2023-08-21 16:10:39
- 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 |
---|---|---|---|---|---|---|---|
1862130 | Michael Massaro | C/O Flywire Corporation 141 Tremont Street, Suite 10 Boston MA 02111 | Chief Executive 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 | Disposition | 2023-08-17 | 11,457 | $30.70 | 1,088,710 | No | 4 | S | Direct | |
Voting Common Stock | Disposition | 2023-08-18 | 11,457 | $30.27 | 1,077,253 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Voting Common Stock | 337,440 | Indirect | See footnote |
Footnotes
- The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reported Person, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
- The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Voting Common Stock by the Issuer for which the underwriting agreement was entered into on August 9, 2023. The transaction was pursuant to an exception to the lock-up agreement for sales pursuant to a trading plan that complies with Rule 10b5-1 that has been entered into by the Reporting Person prior the date of the lock-up agreement.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.585 to $30.79, 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 (3) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.07 to $30.53, 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 (4) to this Form 4.
- The shares are held by the Michael P. Massaro 2021 Irrevocable Trust, of which the Reporting Person's spouse 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.