King David R. 4
4 · Flywire Corp · Filed May 10, 2024
Insider Transaction Report
Form 4
Flywire CorpFLYW
King David R.
Chief Technology Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2024-05-08−7,500→ 16,875 totalExercise: $3.95Exp: 2031-01-20→ Voting Common Stock (7,500 underlying) - Exercise/Conversion
Voting Common Stock
2024-05-08$3.95/sh+7,500$29,625→ 625,566 total
Holdings
- 276,204(indirect: By Trust)
Voting Common Stock
Footnotes (2)
- [F1]The shares are held by the D R King Revocable Trust Dated 10/05/07, 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 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.