Rene Yoakum - Apr 29, 2023 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
EVP, Customer and Culture
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
Apr 29, 2023
Transactions value $
$0
Form type
4
Date filed
5/2/2023, 06:09 PM
Previous filing
Feb 28, 2023
Next filing
May 30, 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RELY Restricted Stock Units (RSUs) Award $0 +89.8K $0.00 89.8K Apr 29, 2023 Common Stock 89.8K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Award $0 +29.9K $0.00 29.9K Apr 29, 2023 Common Stock 29.9K Direct F1, F3
transaction RELY Restricted Stock Units (RSUs) Award $0 +16.1K $0.00 16.1K Apr 29, 2023 Common Stock 16.1K Direct F1, F4
transaction RELY Restricted Stock Units (RSUs) Award $0 +15.3K $0.00 15.3K Apr 29, 2023 Common Stock 15.3K Direct F1, F5
transaction RELY Restricted Stock Units (RSUs) Award $0 +15.2K $0.00 15.2K Apr 29, 2023 Common Stock 15.2K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F2 The RSUs will vest as to 1/4th of the total shares underlying the RSUs on May 25, 2024, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 The RSUs vest as to 1/2 of the total shares underlying the RSUs on November 25, 2023, and then 1/2 of the total shares will vest on February 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 100% of the total shares underlying the RSUs will vest on May 25, 2023, subject to the reporting person's provision of service to the issuer through this date.
F5 100% of the total shares underlying the RSUs will vest on August 25, 2023, subject to the reporting person's provision of service to the issuer through this date.
F6 The RSUs will vest as to 1/4th of the total shares underlying the RSUs on May 25, 2025, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.