Company: FLYW
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001193125-25-089231
Chunk: 57

Company: Flywire Corp
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 57
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 executive’s compensation (except for across-the-boardreductions affecting our similarly situated employees generally); (ii) a material diminution in the executive’s title, duties, authority and responsibilities within Flywire; (iii) the relocation of the executive’s principal workplace by more than 50 miles away from the location which he was working immediately prior to the required relocation without his prior consent; or (iv) a material breach of our obligation under any agreement between us and the executive. A Resignation for Good Reason shall not be deemed to have occurred unless the executive gives our written notice of the condition within 60 days after the condition comes into existence and we fail to remedy the condition within 30 days after receiving his written notice.

| (3) | For purposes of valuing cash severance payments in the table above, we used each NEO’s base salary and target bonus as of December 31, 2024. |

| (4) | The value realized on the acceleration of options is based on the difference between the closing market price per share of our common stock on December 31, 2024 and the exercise price of the related stock option, multiplied by the number of shares for which the options were exercised. |

| (5) | The value realized on the acceleration of restricted stock units is based on the closing market price per share of our common stock on December 31, 2024. |

The following table describes the actual payment and benefits provided to Mr. Ellis upon the termination of his employment with our Company effective April 5, 2024 pursuant to his transition agreement.

| NAME                               |     |        -$ |
| Michael Ellis                      |     |           |
| Cash Severance                     |     |   237,500 |
| Option Acceleration(1)             |     |   600,887 |
| Restricted Stock Unit Acceleration |     |   731,131 |
| Benefit Continuation               |     |    18,569 |
| Total Value                        |     | 1,588,087 |

| (1) | The option acceleration and restricted stock unit acceleration amounts reported above represent the incremental fair value of these modified stock options and restricted stock units determined in accordance with FASB ASC Topic 718. |

Flywire Corporation 41 2025 Proxy Statement

PAY RATIO DISCLOSURE As required by the Dodd-Frank Act and applicable SEC rules, we are providing the following information about the relationship of the annual total compensation of our employees and the annual total compensation of