Nigel W. Morris - Aug 18, 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
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/22/2023, 06:01 PM
Previous filing
Aug 16, 2023
Next filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Other $0 -1.31M -100% $0.00* 0 Aug 18, 2023 By QED Fund II, L.P. F1, F2
transaction RELY Common Stock Other $0 +1.31M +716.04% $0.00 1.5M Aug 18, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this row represents an in-kind distribution, for no consideration, of shares of common stock of the Issuer from QED Fund II, L.P. ("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 transaction reported in this row was the receipt of an in-kind distribution, for no consideration, of shares of common stock of the Issuer from QED LP.