4//SEC Filing
Ellis Michael G 4
Accession 0000950170-23-048784
CIK 0001580560other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:18 PM ET
Size
9.9 KB
Accession
0000950170-23-048784
Insider Transaction Report
Form 4
Flywire CorpFLYW
Ellis Michael G
Chief Financial Officer
Transactions
- Sale
Voting Common Stock
2023-09-15$31.30/sh−6,500$203,450→ 240,719 total - Exercise/Conversion
Voting Common Stock
2023-09-15$3.95/sh+6,500$25,675→ 247,219 total - Exercise/Conversion
Stock Option (right to buy)
2023-09-15−6,500→ 113,500 totalExercise: $3.95Exp: 2031-01-20→ Voting Common Stock (6,500 underlying)
Holdings
- 27,805(indirect: By GRAT)
Voting Common Stock
Footnotes (3)
- [F1]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.
- [F2]The shares are held by the Michael Ellis 2021 Grantor Retained Annuity Trust No. 2, of which the Reporting Person 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 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.
Documents
Issuer
Flywire Corp
CIK 0001580560
Entity typeother
Related Parties
1- filerCIK 0001862898
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:18 PM ET
- Size
- 9.9 KB