Joshua Hug - Feb 25, 2025 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Vice Chair, Director
Signature
/s/ Jeff Mason as attorney-in-fact
Stock symbol
RELY
Transactions as of
Feb 25, 2025
Transactions value $
-$227,597
Form type
4
Date filed
2/27/2025, 06:49 PM
Previous filing
Dec 10, 2024
Next filing
Mar 3, 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 +8.98K +0.23% 3.84M Feb 25, 2025 Direct F1, F2
transaction RELY Common Stock Tax liability -$54K -2.19K -0.06% $24.72 3.84M Feb 25, 2025 Direct
transaction RELY Common Stock Options Exercise +27.6K +0.72% 3.87M Feb 25, 2025 Direct F1, F2
transaction RELY Common Stock Tax liability -$174K -7.02K -0.18% $24.72 3.86M Feb 25, 2025 Direct
holding RELY Common Stock 300K Feb 25, 2025 By Trust F3

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 -8.98K -100% $0.00 0 Feb 25, 2025 Common Stock 8.98K Direct F2, F4
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -27.6K -100% $0.00 0 Feb 25, 2025 Common Stock 27.6K Direct F2, F5
* 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 securities are held by a family trust, of which the reporting person's spouse is the trustee.
F4 The RSUs vested 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.
F5 On May 23, 2022, the reporting person was granted 262,445 RSUs that vest as follows: 10,109 shares on May 25, 2022, 10,109 shares on August 25, 2022, 10,110 on November 25, 2022, 10,110 shares on February 25, 2023, 24,115 shares on May 25, 2023, 29,130 shares on August 25, 2023, 29,131 shares on November 25, 2023, 29,131 shares on February 25, 2024, 27,625 shares on May 25, 2024, 27,625 shares on August 25, 2024, 27,625 shares on November 25,2024, and 27,625 shares on February 25, 2025 with 100% of the total shares vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY