Filing Details

Accession Number:
0000899243-22-036585
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-21 20:42:58
Reporting Period:
2022-11-17
Accepted Time:
2022-11-21 20:42:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1580560 Flywire Corp FLYW Services-Business Services, Nec (7389) 270690799
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1708763 Ajay Agarwal C/O Bain Capital Venture Investors, Llc
200 Clarendon Street
Boston MA 02116
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Voting Common Stock Disposition 2022-11-17 1,903,864 $0.00 11,741,524 No 4 J Indirect See footnotes
Voting Common Stock Disposition 2022-11-21 96,136 $20.51 11,645,388 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnotes
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Voting Common Stock 33,562 Direct
Footnotes
  1. Consists of securities held by Bain Capital Venture Fund 2014, L.P. ("Venture Fund 2014"), Bain Capital Venture Fund 2016, L.P. ("Venture Fund 2016"), Bain Capital Venture Coinvestment Fund II, L.P. ("Venture Coinvestment Fund II"), BCV 2019-MD Coinvestment II, L.P. ("2019-MD Coinvestment II"), BCIP Venture Associates ("BCIP Venture"), BCIP Venture Associates-B ("BCIP Venture-B"), BCIP Venture Associates II, LP ("BCIP Venture II") and BCIP Venture Associates II-B, LP ("BCIP Venture II-B" and, together with Venture Fund 2014, Venture Fund 2016, Venture Coinvestment Fund II, 2019-MD Coinvestment II, BCIP Venture, BCIP Venture-B and BCIP Venture II , the "Bain Capital Venture Entities").
  2. Bain Capital Venture Investors, LLC ("BCVI") (i) is the ultimate general partner of Venture Fund 2014, Venture Fund 2016, Venture Coinvestment Fund II and 2019-MD Coinvestment II and (ii) governs the investment strategy and decision-making process with respect to investments held by each of BCIP Venture, BCIP Venture-B, BCIP Venture II and BCIP Venture II-B. Mr. Agarwal is a member of the Executive Committee and a Managing Director of BCVI. By virtue of the relationships described in this footnote, Mr. Agarwal may be deemed to share voting and dispositive power with respect to the securities held by the Bain Capital Venture Entities. Mr. Agarwal disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
  3. On November 17, 2022, certain of the Bain Capital Venture Entities distributed an aggregate of 1,903,864 shares of Voting Common Stock to one or more partners in pro-rata in-kind distributions without consideration, including an aggregate of 33,562 shares of Voting Common Stock that were distributed to Mr. Agarwal.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.23 to $20.99, inclusive. The reporting person undertakes to provide to Flywire Corporation, any security holder of Flywire Corporation 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 range set forth herein.
  5. Includes 33,562 shares of Voting Common Stock received in the distributions referred to in footnote (3) above.