0000899243-23-008662.txt : 20230315
0000899243-23-008662.hdr.sgml : 20230315
20230315204125
ACCESSION NUMBER: 0000899243-23-008662
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230313
FILED AS OF DATE: 20230315
DATE AS OF CHANGE: 20230315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Massaro Michael
CENTRAL INDEX KEY: 0001862130
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40430
FILM NUMBER: 23736826
MAIL ADDRESS:
STREET 1: C/O FLYWIRE CORPORATION
STREET 2: 141 TREMONT STREET, SUITE 10
CITY: BOSTON
STATE: MA
ZIP: 02111
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Flywire Corp
CENTRAL INDEX KEY: 0001580560
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 270690799
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 141 TREMONT STREET, SUITE 10
CITY: BOSTON
STATE: MA
ZIP: 02111
BUSINESS PHONE: 617-329-4524
MAIL ADDRESS:
STREET 1: 141 TREMONT STREET, SUITE 10
CITY: BOSTON
STATE: MA
ZIP: 02111
FORMER COMPANY:
FORMER CONFORMED NAME: peerTransfer Corp
DATE OF NAME CHANGE: 20130701
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-03-13
0
0001580560
Flywire Corp
FLYW
0001862130
Massaro Michael
C/O FLYWIRE CORPORATION
141 TREMONT STREET, SUITE 10
BOSTON
MA
02111
1
1
0
0
Chief Executive Officer
Voting Common Stock
2023-03-13
4
S
0
4166
24.037
D
1023476
D
Voting Common Stock
2023-03-14
4
A
0
284436
0.00
A
1307912
D
Voting Common Stock
2023-03-14
4
S
0
4166
25.8043
D
1303746
D
Voting Common Stock
2023-03-14
4
S
0
700
27.00
D
1303046
D
Voting Common Stock
2023-03-14
4
S
0
22013
26.308
D
1281033
D
Voting Common Stock
300000
I
See footnote
Voting Common Stock
82932
I
By: GRAT
Shares were sold pursuant to a Rule 10b5-1 trading plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.26, 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 2 to this Form 4.
Represents shares of common stock underlying a time-based restricted stock unit award (RSU). The RSU vests with respect to 25% of the shares on March 1, 2024, with the remainder vesting in equal quarterly installments over the following three years, provided that the Reporting Person has provided continuous service to the Issuer through the applicable vesting date.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.61 to $25.975, 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.
These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person in order to cover tax withholding obligations upon the settlement of certain RSUs.
The shares are held by the Michael P. Massaro 2021 Irrevocable Trust, of which the Reporting Person's spouse 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.
The shares are held by the Michael P. Massaro 2021 Qualified Annuity Trust, 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 beneficials 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.
/s/ Michael Massaro
2023-03-15