Company: FLYW
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001193125-25-089231
Chunk: 31

Company: Flywire Corp
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 31
---
     | 174,992(9)             |     |   257,992 |
| Edwin Santos       |     |           59,000 |     | 174,992(10)            |     |   233,992 |

| (1) | In connection with our initial public offering in May 2021, Mr. Harris waived the non-employee director restricted stock unit awards (RSUs) and the cash compensation under our non-employee director compensation plan. In December 2024, Mr. Harris withdrew his waiver and began receiving cash compensation for his service as a director under our non-employee director compensation plan. Following the withdrawal of the waiver, in recognition of contributions and commitment of time and effort made by Mr. Harris since joining our Board of Directors in 2015, our Board of Directors (i) authorized a one-time cash payment of $41,000 to Mr. Harris, which amount equaled the cash compensation Mr. Harris would have been paid in 2024 had he been receiving cash compensation under our non-employee director compensation plan and (ii) granted Mr. Harris an RSU for 10,466 shares of our common stock, which is the same number of shares underlying the annual RSUs automatically granted to our then continuing non-employee directors in connection with our 2024 annual meeting of stockholders pursuant to our non-employee director compensation plan. Consistent with the previously granted RSUs, Mr. Harris’ RSU award vests on the earlier of (a) June 4, 2025 or (b) the date of the 2025 annual meeting of stockholders, provided that Mr. Harris has provided continuous service as a director through such date. The one-time cash payment and equity award was authorized after consultation with our outside legal counsel who advised on the reasonableness of such compensation. |

| (2) | Ms. Jaques was appointed to the Board of Directors on November 19, 2024. |

| (3) | The amounts in this column represent the aggregate grant date fair value of stock awards granted to the director during our fiscal year ended December 31, 2024, computed in accordance with FASB ASC Topic 718. See Note 13 to our financial statements included in the 2024 Annual Report for a discussion of our assumptions in determining the ASC 718 values of our stock awards. |

Flywire Corporation 21 2025 Proxy Statement

| (4) | As of December 31, 202