Ellis Michael G 4
4 · Flywire Corp · Filed Dec 5, 2023
Insider Transaction Report
Form 4
Flywire CorpFLYW
Ellis Michael G
Chief Financial Officer
Transactions
- Sale
Voting Common Stock
2023-12-01$24.00/sh−5,000$120,000→ 342,630 total - Exercise/Conversion
Voting Common Stock
2023-12-01$3.95/sh+5,000$19,750→ 347,630 total - Exercise/Conversion
Stock Option (right to buy)
2023-12-01−5,000→ 93,500 totalExercise: $3.95Exp: 2031-01-20→ Voting Common Stock (5,000 underlying)
Holdings
- 27,805(indirect: By GRAT)
Voting Common Stock
Footnotes (2)
- [F1]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.
- [F2]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.