Alex Finkelstein - 11 Aug 2022 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Director
Signature
/s/ Alex Finkelstein
Issuer symbol
FLYW
Transactions as of
11 Aug 2022
Transactions value $
$0
Form type
4
Filing time
12 Aug 2022, 16:05:38 UTC
Previous filing
16 May 2022
Next filing
14 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Other $0 -2,987,197 -50% $0 2,987,196 11 Aug 2022 See footnote F1, F2
transaction FLYW Voting Common Stock Other $0 +722,256 $0 722,256 11 Aug 2022 See footnote F3, F4
transaction FLYW Voting Common Stock Other $0 -722,256 -100% $0* 0 11 Aug 2022 See footnote F4, F5
transaction FLYW Voting Common Stock Other $0 -19,542 -50% $0 19,541 11 Aug 2022 See footnote F6, F7
transaction FLYW Voting Common Stock Other $0 +4,695 +27% $0 22,311 11 Aug 2022 See footnote F8, F9
transaction FLYW Voting Common Stock Other $0 +54,169 +30% $0 236,506 11 Aug 2022 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by Spark Capital II, L.P. ("Spark Capital II") to its partners.
F2 These shares are held of record by Spark Capital II. Spark Management Partners II, LLC ("SMP II") is the general partner of Spark Capital II. The Reporting Person is a managing member of SMP II. The Reporting Person may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F3 Represents a change in the form of ownership of SMP II by virtue of the receipt of shares in the pro-rata in-kind distribution of voting common stock of the Issuer for no consideration by Spark Capital II.
F4 The shares are held by SMP II. The Reporting Person is a managing member of SMP II. The Reporting Person may be deemed to share investment, voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
F5 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by SMP II to its members.
F6 Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by Spark Capital Founders' Fund II, L.P. ("Spark Capital FF II") to its partners.
F7 These shares are held of record by Spark Capital FF II. SMP II is the general partner of Spark Capital FF II. The Reporting Person is a managing member of SMP II. The Reporting Person may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F8 Represents a change in the form of ownership of Spark Capital Partners, LLC ("SCP") by virtue of the receipt of shares in the pro-rata in-kind distribution of voting common stock of the Issuer for no consideration by SMP II.
F9 These shares are held by SCP. The Reporting Person is a managing member of SCP and may be deemed to share investment, voting and dispositive power over these shares. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein, if any.
F10 Represents a change in the form of ownership of the Reporting Person by virtue of the receipt of shares in the pro-rata in-kind distributions of voting common stock of the Issuer for no consideration by SMP II.