Form 4 for FLYW Flywire Corp

Accepted 2022-11-21 00:00:00 ET · period of report 2022-11-17 · accession 0000899243-22-036581 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2022-11-21	2022-11-17	FLYW	BAIN CAPITAL VENTURE INVESTORS, LLC	10%	J - Other	$0.00	-1.90M	11.74M	-14%	$0
I	2022-11-21	2022-11-21	FLYW	BAIN CAPITAL VENTURE INVESTORS, LLC	10%	S - Sale	$20.51	-96.1K	11.65M	-0.8%	-$1.97M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Voting Common Stock	2022-11-17	J	D	1,903,864	$0.00	11,741,524	I See footnotes	—	—	(F4) Bain Capital Venture Investors, LLC ("BCVI") is (i) the general partner of Bain Capital Venture Partners 2014, L.P. ("Venture Partners 2014"), which is the general partner of Venture Fund 2014. As a result, Venture Partners 2014 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2014. Venture Partners 2014 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F8) The governance, investment strategy and decision-making process with respect to the investments held by the Bain Capital Venture Entities is directed by the Executive Committee of BCVI. As a result, BCVI may be deemed to share voting and dispositive power with respect to all of the securities held by the Bain Capital Venture Entities. BCVI disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F7) Boylston Coinvestors, LLC is (i) the managing partner of each of BCIP Venture and BCIP Venture-B and (ii) the general partner of each of BCIP Venture II and BCIP Venture II-B. (F6) BCVI is the manager of Bain Capital Venture Coinvestment II Investors, LLC ("Venture Coinvestment II Investors"), which is the general partner of each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. As a result, Venture Coinvestment II Investors may be deemed to share voting and dispositive power with respect to the securities held by each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. Venture Coinvestment II Investors disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F3) Includes 9,556,504 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2014, 637,066 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2016, 974,274 shares of the Issuer's Voting Common Stock held directly by BCIP Venture, 65,547 shares of the Issuer's Voting Common Stock held directly by BCIP Venture-B, 94,681 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II, 7,138 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II-B, 298,248 shares of the Issuer's Voting Common Stock held directly by Venture Coinvestment Fund II and 11,930 shares of the Issuer's Voting Common Stock held directly by 2019-MD Coinvestment II, in each case, after giving effect to the Distribution and sales referenced in footnote 2 above. (F5) BCVI is the general partner of Bain Capital Venture Partners 2016, L.P. ("Venture Partners 2016"), which is the general partner of Venture Fund 2016. As a result, Venture Partners 2016 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2016. Venture Partners 2016 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
2	Common	Voting Common Stock	2022-11-21	S	D	96,136	$20.51	11,645,388	I See footnotes	—	—	(F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.23 to $20.99, inclusive. The reporting persons undertake to provide to Flywire Corporation, any security holder of Flywire Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. (F4) Bain Capital Venture Investors, LLC ("BCVI") is (i) the general partner of Bain Capital Venture Partners 2014, L.P. ("Venture Partners 2014"), which is the general partner of Venture Fund 2014. As a result, Venture Partners 2014 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2014. Venture Partners 2014 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F8) The governance, investment strategy and decision-making process with respect to the investments held by the Bain Capital Venture Entities is directed by the Executive Committee of BCVI. As a result, BCVI may be deemed to share voting and dispositive power with respect to all of the securities held by the Bain Capital Venture Entities. BCVI disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F7) Boylston Coinvestors, LLC is (i) the managing partner of each of BCIP Venture and BCIP Venture-B and (ii) the general partner of each of BCIP Venture II and BCIP Venture II-B. (F6) BCVI is the manager of Bain Capital Venture Coinvestment II Investors, LLC ("Venture Coinvestment II Investors"), which is the general partner of each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. As a result, Venture Coinvestment II Investors may be deemed to share voting and dispositive power with respect to the securities held by each of Venture Coinvestment Fund II and 2019-MD Coinvestment II. Venture Coinvestment II Investors disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. (F3) Includes 9,556,504 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2014, 637,066 shares of the Issuer's Voting Common Stock held directly by Venture Fund 2016, 974,274 shares of the Issuer's Voting Common Stock held directly by BCIP Venture, 65,547 shares of the Issuer's Voting Common Stock held directly by BCIP Venture-B, 94,681 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II, 7,138 shares of the Issuer's Voting Common Stock held directly by BCIP Venture II-B, 298,248 shares of the Issuer's Voting Common Stock held directly by Venture Coinvestment Fund II and 11,930 shares of the Issuer's Voting Common Stock held directly by 2019-MD Coinvestment II, in each case, after giving effect to the Distribution and sales referenced in footnote 2 above. (F5) BCVI is the general partner of Bain Capital Venture Partners 2016, L.P. ("Venture Partners 2016"), which is the general partner of Venture Fund 2016. As a result, Venture Partners 2016 may be deemed to share voting and dispositive power with respect to the securities held by Venture Fund 2016. Venture Partners 2016 disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.