King David R.'s Form 4/A amendment
AmendedFlywire Corp (FLYW) · filed Apr 14, 2023
- Accession no.
- 0000950170-23-012920
- Filed
- Apr 14, 2023
- Trade date
- Feb 15, 2023
- Filing delay
- 58 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Apr 3, 2023
This filing lists 1 non-derivative transaction. It carries over 2 transactions from the original filing that it did not restate. Open-market sales total $965.9K. It was filed 58 days after the trade.
This amendment restates part of 0000950170-23-011590 (filed Apr 3, 2023). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| King David R.CIK 0001862946 | Officer (Chief Technology Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 15, 2023 | Voting Common Stock | GGiftDisposed | −490,000 | $0.00 | $0 | 433,834 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0000950170-23-011590 (filed Apr 3, 2023).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 30, 2023 | Voting Common Stock | SSaleDisposed | −1,800 | $29.53F2 | −$53,154 | 922,034 | Direct | |
| Mar 31, 2023 | Voting Common Stock | SSaleDisposed | −30,889 | $29.55F3 | −$912,769.95 | 891,145 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.50 to $29.57, 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
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.50 to $29.74, 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 (3) to this Form 4.
Referenced by the price of 1 transaction in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On February 15, 2023, the Reporting Person transferred 490,000 shares of the Issue's common stock to a family trust of which the Reporting Person is trustee and the sole beneficiary (the "Gift").
- F2
The balance reflects the Gift and an additional 32,689 shares that were inadvertently reported on April 3, 2023 as sold from the Reporting Person's account.
- F3
The balance reflects the Gift less an aggregate of 32,689 shares sold by the Trust (as defined in footnote 4) on March 30, 2023 and March 31, 2023, as such shares were inadvertently reported on April 3, 2023 as sold from the Reporting Person's account rather than the Trust.
- F4
The shares are held by the D R King Revocable Trust Dated 10/05/07 (the "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.