Gail A. Miller - Jun 13, 2023 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Accounting Officer
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
Jun 13, 2023
Transactions value $
$0
Form type
4
Date filed
6/15/2023, 06:55 PM
Previous filing
Jun 1, 2023
Next filing
Apr 18, 2024

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 +125K $0.00 125K Jun 13, 2023 Common Stock 125K Direct F1, F2
* 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 vest as to 17% of the total shares underlying the RSUs on May 25, 2024 and then 4.25% of the total shares vest on each of the four quarterly vesting dates thereafter, then 8.25% of the total shares vest on each of the eight quarterly vesting dates thereafter, with 100% of the total shares underlying the RSUs vested on May 25, 2027, subject to the reporting person's provision of service to the issuer on each vesting date. The quarterly vesting dates are February 25, May 25, August 25, and November 25.