0000950170-23-058831.txt : 20231103
0000950170-23-058831.hdr.sgml : 20231103
20231103161037
ACCESSION NUMBER: 0000950170-23-058831
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230905
FILED AS OF DATE: 20231103
DATE AS OF CHANGE: 20231103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Butterfield Peter
CENTRAL INDEX KEY: 0001862133
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40430
FILM NUMBER: 231376425
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/A
1
ownership.xml
4/A
X0508
4/A
2023-09-05
2023-09-07
0001580560
Flywire Corp
FLYW
0001862133
Butterfield Peter
C/O FLYWIRE CORPORATION
141 TREMONT STREET, SUITE 10
BOSTON
MA
02111
false
true
false
false
General Counsel and CCO
false
Voting Common Stock
2023-09-05
4
S
false
1351
33.748
D
148170
D
Voting Common Stock
2023-09-05
4
M
false
8769
3.9466
A
156939
D
Voting Common Stock
2023-09-05
4
S
false
11232
33.719
D
145707
D
Stock Option (right to buy)
3.9466
2023-09-05
4
M
false
8769
0.00
D
2031-01-20
Voting Common Stock
8769
85464
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.
The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c).
This Form 4/A is being filed to correct (i) the number of shares acquired upon exercise of stock options by the Reporting Person which was misreported in the original Form 4 due to an administrative error and (ii) the shares beneficially owned following the transactions reported herein.
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 $33.48 to $34.00, 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 5 to this Form 4.
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.
/s/ Peter Butterfield
2023-11-03