Gail Miller - 16 Apr 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Accounting Officer
Signature
/s/ Christie Cho as attorney-in-fact
Issuer symbol
RELY
Transactions as of
16 Apr 2024
Net transactions value
$0
Form type
4
Filing time
18 Apr 2024, 17:01:33 UTC
Previous filing
15 Jun 2023
Next filing
29 May 2024
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 +650 $0.000000 650 16 Apr 2024 Common Stock 650 Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Award $0 +6,146 $0.000000 6,146 16 Apr 2024 Common Stock 6,146 Direct F1, F3
transaction RELY Restricted Stock Units (RSUs) Award $0 +25,872 $0.000000 25,872 16 Apr 2024 Common Stock 25,872 Direct F1, F4
* 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 share of the issuer's Common Stock upon settlement.
F2 100% of the total shares underlying the RSUs will vest on May 25, 2024, subject to the reporting person's provision of service to the issuer through this date.
F3 The RSUs will vest as to 1/4th of the total shares underlying the RSUs on August 25, 2024, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on May 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSUs will vest as to 1/3rd of the total shares underlying the RSUs on August 25, 2027, and then 1/3rd of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY