Ron Shah - Jun 1, 2022 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Director
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 05:10 PM
Previous filing
May 26, 2022
Next filing
Aug 26, 2022

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) Award $0 +15.8K $0.00 15.8K Jun 1, 2022 Common Stock 15.8K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Award $0 +5.16K +32.72% $0.00 20.9K Jun 1, 2022 Common Stock 5.16K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F2 The RSUs fully vest on the earlier of (1) the date of the issuer's next annual meeting of stockholders following the grant date and (2) the date that is one year following the date of grant, subject to the reporting person's provision of service to the issuer through the applicable date.
F3 The RSUs vest on the earlier of (1) four equal quarterly installments on August 25, 2022, November 25, 2022, February 25, 2022, and May 25, 2022 or (2) the issuer's next annual meeting of stockholders following the grant date, subject to the reporting person's provision of service to the issuer through each applicable date.