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

Role
Chief Business Officer
Signature
/s/ Jeff Mason as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Feb 2025
Net transactions value
-$294,910
Form type
4
Filing time
27 Feb 2025, 18:50:10 UTC
Previous filing
26 Feb 2025
Next filing
15 Apr 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 +7,629 +4.8% 165,185 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Tax liability $70,081 -2,835 -1.7% $24.72 162,350 25 Feb 2025 Direct
transaction RELY Common Stock Options Exercise +22,144 +14% 184,494 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Tax liability $224,828 -9,095 -4.9% $24.72 175,399 25 Feb 2025 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 -100% $0.000000 0 25 Feb 2025 Common Stock 7,629 Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -22,144 -100% $0.000000 0 25 Feb 2025 Common Stock 22,144 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 vested as to 1/4 of the total shares on May 25, 2024 and then 1/4 of the total shares vest 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 vested as to 1/6 of the total shares on November 25, 2023 and then 1/6 of the total shares vest 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.