Margaret Mary Smyth - Jun 14, 2023 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 14, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 05:25 PM
Previous filing
Jun 2, 2023
Next filing
Aug 3, 2023

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 +2.84K $0.00 2.84K Jun 14, 2023 Common Stock 2.84K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Award $0 +8.51K $0.00 8.51K Jun 14, 2023 Common Stock 8.51K 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 vest in four equal installments on each February 1, May 1, August 1 and November 1 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the issuer's next annual meeting of stockholders following the grant date and (ii) 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 fully vest on the earlier of (i) the date of the issuer's next annual meeting of stockholders following the grant date and (ii) 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.