Company: FLYW
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027078
Chunk: 314

Company: Flywire Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 314
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 quarter ended December 31, 2024, we issued an aggregate of 41,998 shares of common stock (the Shares) as a stock-based compensation associated with the retention of a key employee of StudyLink. The key employee was not a “U.S. person”, as defined in Rule 902 of Regulation S under the Securities Act, and the issuance was exempt from the registration requirements of the Securities Act under Regulation S. The certificates evidencing the Shares are endorsed with a restrictive Securities Act legend.

Issuer Purchases of Equity Securities

The following table summarizes the repurchases of voting common stock during the three months ended December 31, 2024 (in thousands, except shares and per share amounts):

    Period
     
    Total Number ofShares Purchased (1)

    Average Price Paidper Share (2)

    Total Number ofShares Purchased asPart of PubliclyAnnounced Plans orPrograms

    Approximate DollarValue of Shares thatMay Yet BePurchased Underthe Plans orPrograms

    October 1, 2024 - October 31, 2024

    69,798

    $
    15.83

    69,798

    $
    126,012

    November 1, 2024 - November 30, 2024

    160,912

    $
    21.77

    160,912

    $
    122,509

    December 1, 2024 - December 31, 2024

    864,894

    $
    20.38

    864,894

    $
    104,887

    Total

    1,095,604

    1,095,604

(1) All shares were repurchased in open market transactions pursuant to a share repurchase program to repurchase up to $150 million of our outstanding voting and non-voting common stock for an indefinite period (the Repurchase Program). The Repurchase Program was authorized by our board of directors and publicly announced on August 6, 2024. Repurchases under the Repurchase Program may be made from time to time through open market purchases, in privately negotiated transactions or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act, in accordance with applicable securities laws and other restrictions, including Rule 10b-18. For additional information on our Repurchase Program, see Note 12