Stripes Holdings, LLC - Sep 27, 2021 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role: 10%+ Owner
Signature: see signatures attached as Exhibit 99.2
Stock symbol: RELY
Transactions as of: Sep 27, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/29/2021, 04:15 PM
Previous filing: Sep 29, 2021
Next filing: Mar 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	RELY	Common Stock	Conversion of derivative security	+35.9K	+31.25%	151K	Sep 27, 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+749K	+497.04%	900K	Sep 27, 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+14.8M	+1642.84%	15.7M	Sep 27, 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+2.11M	+13.45%	17.8M	Sep 27, 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+336K	+1.89%	18.1M	Sep 27, 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+475K	+2.62%	18.6M	Sep 27, 2021	See Footnote	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	RELY	Series Seed Convertible Preferred Stock	Conversion of derivative security	$0	-38.9K	-100%	$0.00^*	Sep 27, 2021	Common Stock	35.9K	See Footnote	F1, F2
transaction	RELY	Series A Convertible Preferred Stock	Conversion of derivative security	$0	-749K	-100%	$0.00^*	Sep 27, 2021	Common Stock	749K	See Footnote	F1, F2
transaction	RELY	Series C Convertible Preferred Stock	Conversion of derivative security	$0	-14.8M	-100%	$0.00^*	Sep 27, 2021	Common Stock	14.8M	See Footnote	F1, F2
transaction	RELY	Series D Convertible Preferred Stock	Conversion of derivative security	$0	-2.11M	-100%	$0.00^*	Sep 27, 2021	Common Stock	2.11M	See Footnote	F1, F2
transaction	RELY	Series E Convertible Preferred Stock	Conversion of derivative security	$0	-336K	-100%	$0.00^*	Sep 27, 2021	Common Stock	336K	See Footnote	F1, F2
transaction	RELY	Series F Convertible Preferred Stock	Conversion of derivative security	$0	-475K	-100%	$0.00^*	Sep 27, 2021	Common Stock	475K	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of the issuer's Series Seed, Series Seed Prime, Series A, Series B, Series C, Series D, Series E and Series F Preferred Stock automatically converted into one (1) share of the issuer's Common Stock on September 27, 2021 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-259167) under the Securities Act of 1933, as amended, and had no expiration date.
F2	See Exhibit 99.1.

Content

Each share of the issuer's Series Seed, Series Seed Prime, Series A, Series B, Series C, Series D, Series E and Series F Preferred Stock automatically converted into one (1) share of the issuer's Common Stock on September 27, 2021 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-259167) under the Securities Act of 1933, as amended, and had no expiration date.

See Exhibit 99.1.