Form 4 for FLYW Flywire Corp
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-18 · accession 0000950170-23-043898 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-22 | 2023-08-18+ | FLYW | Butterfield Peter | GC, CCO | M - OptEx | $1.14 | +51.2K | 149.5K | +52% | +$58.4K |
| DM | 2023-08-22 | 2023-08-18 | FLYW | Butterfield Peter | GC, CCO | S - Sale+OE | $31.03 | -11.2K | 109.5K | -9% | -$348.6K |
| DM | 2023-08-22 | 2023-08-18+ | FLYW | Butterfield Peter | GC, CCO | M - OptEx | $0.00 | -51.2K | 84.5K | -38% | $0 |
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 | 2023-08-18 | M | A | 11,232 | $3.95 | 120,753 | D | — | — | |
| 2 | Common | Voting Common Stock | 2023-08-21 | M | A | 40,000 | $0.35 | 149,521 | D | — | — | |
| 3 | Common | Voting Common Stock | 2023-08-18 | S | D | 2,400 | $30.38 | 118,353 | D | — | — | (F2) 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. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.115 to $30.565, 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. |
| 4 | Common | Voting Common Stock | 2023-08-18 | S | D | 8,832 | $31.21 | 109,521 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.115 to $30.565, 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. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.62 to $31.58, 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. |
| 5 | Derivative | Stock Option (right to buy) | 2023-08-18 | M | D | 11,232 | $0.00 | 94,233 | D | $3.95 · — to 2031-01-20 | 11,232 Voting Common Stock | (F5) 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. |
| 6 | Derivative | Stock Option (right to buy) | 2023-08-21 | M | D | 40,000 | $0.00 | 84,542 | D | $0.35 · — to 2025-03-10 | 40,000 Voting Common Stock | (F6) The shares subject to this option are fully vested. |