Pankaj Sharma - 25 Aug 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Business Officer
Signature
/s/ Christie Cho as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Aug 2024
Net transactions value
-$192,837
Form type
4
Filing time
27 Aug 2024, 19:39:08 UTC
Previous filing
29 May 2024
Next filing
07 Nov 2024
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 +7,629 +5.5% 147,427 25 Aug 2024 Direct F1, F2
transaction RELY Common Stock Tax liability $49,415 -3,586 -2.4% $13.78 143,841 26 Aug 2024 Direct
transaction RELY Common Stock Options Exercise +22,143 +15% 165,984 25 Aug 2024 Direct F1, F2
transaction RELY Common Stock Tax liability $143,422 -10,408 -6.3% $13.78 155,576 26 Aug 2024 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 -7,629 -33% $0.000000 15,259 25 Aug 2024 Common Stock 7,629 Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -22,143 -33% $0.000000 44,287 25 Aug 2024 Common Stock 22,143 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of RSUs.
F2 Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.
F3 The RSU's vest as to 1/4 of the total shares on May 25, 2024 and then 1/4 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSU's vest as to 1/6 of the total shares on November 25, 2023 and then 1/6 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.