| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Common Stock | Options Exercise | $25,500 | +150,000 | +9.6% | $0.1700* | 1,714,540 | 13 Apr 2023 | By QED Fund II, L.P. | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Stock Option (right to buy) | Options Exercise | $0 | -150,000 | -100% | $0.000000* | 0 | 13 Apr 2023 | Common Stock | 150,000 | $0.1700 | By QED Fund II, L.P. | F2, F3 |
| Id | Content |
|---|---|
| F1 | QED Fund II, L.P. ("QED LP") paid the exercise price and exercised options to purchase a total of 150,000 shares of the company's common stock. These shares have not been sold and are being held by QED LP. |
| F2 | These securities are held of record by QED LP, which is managed by QED Partners II, LLC ("QED LLC"). Nigel Morris, a director of the issuer, is the managing partner of QED LLC and may be deemed to have sole voting and dispositive control over the shares held by QED LP. Mr. Morris disclaims beneficial ownership of the shares held by QED LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. |
| F3 | The option was fully vested and exercisable. |