NIGEL W. MORRIS - 25 Nov 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Director
Signature
/s/ Christie Cho as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Nov 2024
Transactions value $
$0
Form type
4
Filing time
27 Nov 2024, 16:13:31 UTC
Previous filing
27 Aug 2024
Next filing
27 Feb 2025
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 +953 +0.05% 1,819,231 25 Nov 2024 Direct F1, F2
transaction RELY Common Stock Options Exercise +1,875 +0.1% 1,821,106 25 Nov 2024 Direct F1, F2

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 -953 -33% $0 1,904 25 Nov 2024 Common Stock 953 Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -1,875 -25% $0 5,625 25 Nov 2024 Common Stock 1,875 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 RSUs will vest in four equal installments on each August 25, November 25, February 25 and May 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2025 annual meeting of the Company's stockholders or (ii) June 12, 2025 subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSUs vested 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.