Spark Capital II LP 4
4 · Flywire Corp · Filed May 28, 2021
Insider Transaction Report
Form 4
Flywire CorpFLYW
Spark Management Partners II, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
[F1][F2]2021-05-28+53,250→ 53,877 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F5]2021-05-28+8,139,309→ 8,235,213 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F2]2021-05-28+7,359→ 61,236 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F5]2021-05-28+1,125,039→ 9,360,252 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F2]2021-05-28+15,945→ 77,181 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F5]2021-05-28+2,437,785→ 11,798,037 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F2]2021-05-28+19,983→ 97,164 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F5]2021-05-28+3,054,843→ 14,852,880 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F2]2021-05-28+309→ 97,473 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F3]2021-05-28+3,534→ 10,257 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F4]2021-05-28+357,141→ 1,036,509 total(indirect: See footnote) - Conversion
Class A Common Stock
[F1][F5]2021-05-28+47,301→ 14,900,181 total(indirect: See footnote) - Other
Class A Common Stock
[F6][F2]2021-05-28−97,473→ 0 total(indirect: See footnote) - Other
Class A Common Stock
[F6][F3]2021-05-28−10,257→ 0 total(indirect: See footnote) - Other
Class A Common Stock
[F6][F4]2021-05-28−1,036,509→ 0 total(indirect: See footnote) - Other
Class A Common Stock
[F6][F5]2021-05-28−14,900,181→ 0 total(indirect: See footnote) - Other
Voting Common Stock
[F6][F2]2021-05-28+97,473→ 97,473 total(indirect: See footnote) - Other
Voting Common Stock
[F6][F3]2021-05-28+10,257→ 10,257 total(indirect: See footnote) - Other
Voting Common Stock
[F6][F4]2021-05-28+1,036,509→ 1,036,509 total(indirect: See footnote) - Other
Voting Common Stock
[F6][F5]2021-05-28+14,900,181→ 14,900,181 total(indirect: See footnote) - Conversion
Series A Preferred Stock
[F1][F2]2021-05-28−53,250→ 0 total(indirect: See footnote)→ Class A Common Stock (53,250 underlying) - Conversion
Series A Preferred Stock
[F1][F5]2021-05-28−8,139,309→ 0 total(indirect: See footnote)→ Class A Common Stock (8,139,309 underlying) - Conversion
Series B-1 Preferred Stock
[F1][F2]2021-05-28−7,359→ 0 total(indirect: See footnote)→ Class A Common Stock (7,359 underlying) - Conversion
Series B-1 Preferred Stock
[F1][F5]2021-05-28−1,125,039→ 0 total(indirect: See footnote)→ Class A Common Stock (1,125,039 underlying) - Conversion
Series B Preferred Stock
[F1][F2]2021-05-28−15,945→ 0 total(indirect: See footnote)→ Class A Common Stock (15,945 underlying) - Conversion
Series B Preferred Stock
[F1][F5]2021-05-28−2,437,785→ 0 total(indirect: See footnote)→ Class A Common Stock (2,437,785 underlying) - Conversion
Series C Preferred Stock
[F1][F2]2021-05-28−19,983→ 0 total(indirect: See footnote)→ Class A Common Stock (19,983 underlying) - Conversion
Series C Preferred Stock
[F1][F5]2021-05-28−3,054,843→ 0 total(indirect: See footnote)→ Class A Common Stock (3,054,843 underlying) - Conversion
Series F-1 Preferred Stock
[F1][F2]2021-05-28−309→ 0 total(indirect: See footnote)→ Class A Common Stock (309 underlying) - Conversion
Series F-1 Preferred Stock
[F1][F3]2021-05-28−3,534→ 0 total(indirect: See footnote)→ Class A Common Stock (3,534 underlying) - Conversion
Series F-1 Preferred Stock
[F1][F4]2021-05-28−357,141→ 0 total(indirect: See footnote)→ Class A Common Stock (357,141 underlying) - Conversion
Series F-1 Preferred Stock
[F1][F5]2021-05-28−47,301→ 0 total(indirect: See footnote)→ Class A Common Stock (47,301 underlying)
Footnotes (6)
- [F1]Each share of the Issuer's preferred stock automatically converted on a one for one basis into Class A Common Stock immediately prior to the closing of the Issuer's initial public offering (the "Conversion"). The shares have no expiration date.
- [F2]These shares are held of record by Spark Capital Founders' Fund II, L.P. ("Spark Capital FF II"). Spark Management Partners II, LLC ("SMP II") is the general partner of Spark Capital FF II. Paul Conway, Bijan Sabet, Santo Politi, and Alexander J, Finkelstein, a member of the Issuer's board of directors (the "Managing Members") are the managing members of SMP II. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Managing Members disclaim 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]These shares are held of record by Spark Capital Growth Founders' Fund, L.P. ("Spark Capital Growth FF"). Spark Growth Management Partners, LLC ("SGMP") is the general partner of Spark Capital Growth FF. The Managing Members are the managing members of SGMP. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the Managing Members disclaim 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.
- [F4]These shares are held of record by Spark Capital Growth Fund, L.P. ("Spark Capital Growth"). SGMP is the general partner of Spark Capital Growth. The Managing Members are the managing members of SGMP. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SGMP and the Managing Members disclaim 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.
- [F5]These shares are held of record by Spark Capital II, L.P. ("Spark Capital II"). SMP II is the general partner of Spark Capital II. The Managing Members are the managing members of SMP II. Each of the Managing Members may be deemed to share investment, voting and dispositive power over these shares. Each of SMP II and the Managing Members disclaim 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.
- [F6]Pursuant to a reclassification exempt under Rule 16b-7, each share of the Issuer's Class A Common Stock was automatically reclassified into one share of Voting Common Stock following the Conversion, and immediately prior to the closing of the Issuer's initial public offering.