| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Common Stock | Options Exercise | +1,875 | +50% | 5,625 | 25 May 2022 | Direct | F1 | ||
| holding | RELY | Common Stock | 1,564,540 | 25 May 2022 | By QED Fund II, L.P. | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Restricted Stock Units (RSUs) | Options Exercise | $0 | -1,875 | -7.14% | $0.000000 | 24,375 | 25 May 2022 | Common Stock | 1,875 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement. |
| F2 | These securities are held of record by QED Fund II, L.P. ("QED LP"), which is managed by QED Partners II, LLC ("QED LLC"). Nigel Morris, a director of the issuer, is the managing partner of QED LLC and may be deemed to have sole voting and dispositive control over the shares held by QED LP. Mr. Morris disclaims beneficial ownership of the shares held by QED LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. |
| F3 | The RSUs vest as to 1/16th of the total shares underlying the RSUs on November 25, 2021 and then 1/16th of the total shares vest on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date. |