0000950170-23-047014.txt : 20230907
0000950170-23-047014.hdr.sgml : 20230907
20230907162021
ACCESSION NUMBER: 0000950170-23-047014
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230905
FILED AS OF DATE: 20230907
DATE AS OF CHANGE: 20230907
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Orgel Rob
CENTRAL INDEX KEY: 0001862049
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40430
FILM NUMBER: 231242522
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
ownership.xml
4
X0508
4
2023-09-05
0001580560
Flywire Corp
FLYW
0001862049
Orgel Rob
C/O FLYWIRE CORPORATION
141 TREMONT STREET, SUITE 10
BOSTON
MA
02111
false
true
false
false
President and COO
true
Voting Common Stock
2023-09-05
4
S
false
3871
33.784
D
264434
D
Voting Common Stock
2023-09-06
4
M
false
35000
3.30
A
299434
D
Voting Common Stock
2023-09-06
4
S
false
39005
33.1248
D
260429
D
Stock Option (right to buy)
3.30
2023-09-06
4
M
false
35000
0
D
2029-11-01
Voting Common Stock
35000
414724
D
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 to cover tax withholding obligations upon the settlement of certain time-based restricted stock unit awards. These shares of common stock were automatically sold in a non-discretionary transaction by the Reporting Person.
Adjusted to reflect 430 shares acquired under the Issuer's Employee Stock Purchase Plan.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.76 to $33.65, inclusive. The Reporting Person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 4 to this Form 4.
The shares subject to this option vest over 4 years of service following November 1, 2019, with 25% vesting upon completion of 1 year of continuous service to the Issuer and the balance vesting in 36 substantially equal monthly installments thereafter.
/s/ Rob Orgel
2023-09-07