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

Role
Chief Business Officer
Signature
/s/ Jeff Mason as attorney-in-fact
Stock symbol
RELY
Transactions as of
Feb 25, 2025
Transactions value $
-$294,910
Form type
4
Date filed
2/27/2025, 06:50 PM
Previous filing
Feb 26, 2025
Next filing
Apr 15, 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 +7.63K +4.84% 165K Feb 25, 2025 Direct F1, F2
transaction RELY Common Stock Tax liability -$70.1K -2.84K -1.72% $24.72 162K Feb 25, 2025 Direct
transaction RELY Common Stock Options Exercise +22.1K +13.64% 184K Feb 25, 2025 Direct F1, F2
transaction RELY Common Stock Tax liability -$225K -9.1K -4.93% $24.72 175K Feb 25, 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 -7.63K -100% $0.00 0 Feb 25, 2025 Common Stock 7.63K Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -22.1K -100% $0.00 0 Feb 25, 2025 Common Stock 22.1K 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.