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

Role: 10%+ Owner
Signature: see signatures attached as Exhibit 99.2
Issuer symbol: RELY
Transactions as of: 27 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 29 Sep 2021, 16:15:48 UTC
Previous filing: 29 Sep 2021
Next filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	RELY	Common Stock	Conversion of derivative security	+35,895	+31%	150,752	27 Sep 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+749,298	+497%	900,050	27 Sep 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+14,786,424	+1643%	15,686,474	27 Sep 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+2,110,038	+13%	17,796,512	27 Sep 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+335,762	+1.9%	18,132,274	27 Sep 2021	See Footnote	F1, F2
transaction	RELY	Common Stock	Conversion of derivative security	+475,179	+2.6%	18,607,453	27 Sep 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	-38,895	-100%	$0.000000^*	27 Sep 2021	Common Stock	35,895	See Footnote	F1, F2
transaction	RELY	Series A Convertible Preferred Stock	Conversion of derivative security	$0	-749,298	-100%	$0.000000^*	27 Sep 2021	Common Stock	749,298	See Footnote	F1, F2
transaction	RELY	Series C Convertible Preferred Stock	Conversion of derivative security	$0	-14,786,424	-100%	$0.000000^*	27 Sep 2021	Common Stock	14,786,424	See Footnote	F1, F2
transaction	RELY	Series D Convertible Preferred Stock	Conversion of derivative security	$0	-2,110,038	-100%	$0.000000^*	27 Sep 2021	Common Stock	2,110,038	See Footnote	F1, F2
transaction	RELY	Series E Convertible Preferred Stock	Conversion of derivative security	$0	-335,762	-100%	$0.000000^*	27 Sep 2021	Common Stock	335,762	See Footnote	F1, F2
transaction	RELY	Series F Convertible Preferred Stock	Conversion of derivative security	$0	-475,179	-100%	$0.000000^*	27 Sep 2021	Common Stock	475,179	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.