Rob Orgel - May 25, 2021 Form 3 Insider Report for Flywire Corp (FLYW)

Role
President and COO
Signature
/s/ Rob Orgel
Stock symbol
FLYW
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
3
Date filed
5/25/2021, 08:38 PM
Next filing
May 28, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FLYW Class A Common Stock 75K May 25, 2021 See footnote F1, F2

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
holding FLYW Employee Stock Option (right to buy) May 25, 2021 Class A Common Stock 570K $3.30 Direct F1, F3
holding FLYW Employee Stock Option (right to buy) May 25, 2021 Class A Common Stock 450K $3.95 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the initial public offering of the Issuer's Common Stock, each share of Class A Common Stock will be reclassified into one share of Voting Common Stock and each share of Class B Common Stock will be reclassified into one share of Non-Voting Common Stock.
F2 The shares are held by a trust, of which the Reporting Person's spouse is the 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.
F3 The shares originally subject to this option vest over 4 years of service following November 1, 2019, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 equal monthly installments thereafter.
F4 The shares 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.