Michael Massaro - Feb 28, 2025 Form 4 Insider Report for Flywire Corp (FLYW)

Role
Chief Executive Officer, Director
Signature
/s/ Michael Massaro
Stock symbol
FLYW
Transactions as of
Feb 28, 2025
Transactions value $
$277,087
Form type
4
Date filed
3/4/2025, 05:28 PM
Previous filing
Dec 27, 2024
Next filing
Mar 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLYW Voting Common Stock Options Exercise $52.4K +88.7K +8.38% $0.59 1.15M Feb 28, 2025 Direct
transaction FLYW Voting Common Stock Options Exercise $60.5K +18.4K +1.61% $3.28 1.17M Feb 28, 2025 Direct
transaction FLYW Voting Common Stock Options Exercise $164K +41.6K +3.57% $3.95 1.21M Feb 28, 2025 Direct
holding FLYW Voting Common Stock 657K Feb 28, 2025 See footnote F1
holding FLYW Voting Common Stock 308K Feb 28, 2025 See footnote 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
transaction FLYW Employee Stock Option (right to buy) Options Exercise $0 -88.7K -100% $0.00 0 Feb 28, 2025 Voting Common Stock 88.7K $0.59 Direct F3
transaction FLYW Employee Stock Option (right to buy) Options Exercise $0 -18.4K -100% $0.00 0 Feb 28, 2025 Voting Common Stock 18.4K $3.28 Direct F3
transaction FLYW Employee Stock Option (right to buy) Options Exercise $0 -41.6K -6.93% $0.00 558K Feb 28, 2025 Voting Common Stock 41.6K $3.95 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the Meredith E. Massaro Revocable Trust dated November 1, 2017, 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.
F2 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.
F3 The shares originally subject to this option are fully vested as of the date hereof.
F4 The shares subject to this option vest in equal monthly installments over the next 60 months of continuous service to the Issuer after January 21, 2021.