Rene Yoakum - 25 Nov 2023 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
EVP, Customer and Culture
Signature
/s/ Saema Somalya as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Nov 2023
Net transactions value
-$247,708
Form type
4
Filing time
28 Nov 2023, 21:14:52 UTC
Previous filing
17 Nov 2023
Next filing
18 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +13,099 +30% 56,093 25 Nov 2023 Direct F1
transaction RELY Common Stock Tax liability $115,008 -5,155 -9.2% $22.31 50,938 27 Nov 2023 Direct
transaction RELY Common Stock Options Exercise +14,938 +29% 65,876 25 Nov 2023 Direct F1
transaction RELY Common Stock Tax liability $132,700 -5,948 -9% $22.31 59,928 27 Nov 2023 Direct

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) Options Exercise $0 -13,099 -50% $0.000000 13,099 25 Nov 2023 Common Stock 13,099 Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -14,938 -50% $0.000000 14,938 25 Nov 2023 Common Stock 14,938 Direct F1, F2
* 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 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.