Accession Number: | 0000899243-22-021046 |
Date: | 2022-05-27 |
Issuer: | FLYWIRE CORP (FLYW) |
Original Submission Date: | 2022-06-01 |
MASSARO MICHAEL
C/O FLYWIRE CORPORATION
141 TREMONT STREET, SUITE 10
BOSTON, MA 02111
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
VOTING COMMON STOCK | 2022-05-27 | M | 1 | a | $0.20 | 1,104,469 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | M | 4 | a | $0.35 | 1,104,473 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | M | 50,000 | a | $3.28 | 1,154,473 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | F | 8,200 | d | $20.00 | 1,146,273 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | M | 210,000 | a | $0.59 | 1,356,273 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | F | 96,583 | d | $20.00 | 1,259,690 | direct | ||
VOTING COMMON STOCK | 2022-05-27 | 0 | $0.00 | 300,000 | indirect | f4 | |||
VOTING COMMON STOCK | 2022-05-27 | 0 | $0.00 | 120,000 | indirect | f5 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.2 | 2022-05-27 | deemed execution date | M | 1 (d) | 2024-03-11 | voting common stock 1 | $0.20 | 93,939 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.35 | 2022-05-27 | deemed execution date | M | 4 (d) | 2025-04-29 | voting common stock 4 | $0.35 | 107,729 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 3.28 | 2022-05-27 | deemed execution date | M | 50,000 (d) | 2029-02-27 | voting common stock 50,000 | $3.28 | 806,508 | direct | ||
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.59 | 2022-05-27 | deemed execution date | M | 210,000 (d) | 2026-07-25 | voting common stock 210,000 | $0.59 | 23,598 | direct |
ID | footnote |
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f1 | these shares were withheld by the issuer for payment of the exercise price using the closing price of the issuer's voting common stock on may 27, 2022. |
f2 | this form 4/a amends and restates the form 4 filed on june 1, 2022 which reported an incorrect price for the reported transaction. the correct price for the reported transaction is the closing price of the issuer's voting common stock on may 27, 2022 of $20.00. |
f3 | these shares were withheld by the issuer for payment of the exercise price and applicable taxes, using the closing price of the issuer's voting common stock on may 27, 2022. |
f4 | 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. |
f5 | 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 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. |
f6 | the shares originally subject to this option vest in equal monthly installments over the next 48 months of continuous service to the issuer after december 13, 2013. |
f7 | the shares originally subject to this option vest in equal monthly installments over the next 48 months of continuous service to the issuer after june 1, 2015. |
f8 | the shares subject to this option vest in equal monthly installments over the next 48 months of continuous service to the issuer after february 29, 2019. |
f9 | the shares originally subject to this option vest in equal monthly installments over the next 48 months of continuous service to the issuer after february 1, 2016. |