Pankaj Sharma - 16 Nov 2023 Form 3 Insider Report for Remitly Global, Inc. (RELY)

Role: EVP, INTERNATIONAL
Signature: /s/ Saema Somalya as attorney-in-fact
Issuer symbol: RELY
Transactions as of: 16 Nov 2023
Net transactions value: $0
Form type: 3
Filing time: 27 Nov 2023, 21:07:07 UTC
Next filing: 28 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RELY	Common Stock						90,856	16 Nov 2023	Direct

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
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	7,500	$1.70	Direct	F1
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	32,500	$1.70	Direct	F2
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	1,000	$2.51	Direct	F3
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	5,833	$2.00	Direct	F4
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	11,667	$2.00	Direct	F5
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	39,999	$6.55	Direct	F6
holding	RELY	Stock Option (right to buy)							16 Nov 2023	Common Stock	80,000	$6.55	Direct	F7
holding	RELY	Restricted Stock Units (RSUs)							16 Nov 2023	Common Stock	132,861		Direct	F8, F9
holding	RELY	Restricted Stock Units (RSUs)							16 Nov 2023	Common Stock	27,179		Direct	F9, F10
holding	RELY	Restricted Stock Units (RSUs)							16 Nov 2023	Common Stock	30,518		Direct	F9, F11
holding	RELY	Restricted Stock Units (RSUs)							16 Nov 2023	Common Stock	124,994		Direct	F9, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vested as to 25% of the total shares on August 29, 2019 and then 1/48th of the total shares vested monthly thereafter, with 100% of the total shares vested on January 29, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F2	The option vested as to 1/48th of the total shares on September 13, 2018 and then 1/48th of the total shares vested monthly thereafter, with 100% of the total shares vested on August 13, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.`
F3	The option became fully vested and exercisable on October 30, 2019.
F4	The option vested as to 1/7th of the total shares on February 1, 2022, and then 1/7th of the total shares vested monthly thereafter, with 100% of the total shares vested on August 1, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F5	The option vested as to 1/7th of the total shares on September 1, 2022, and then 1/7th of the total shares vested monthly thereafter, with 100% of the total shares vested on March 1, 2023, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F6	The option vested as to 1/24th of the total shares on April 1, 2021 and then 1/24th of the total shares vested monthly thereafter, with 100% of the total shares vesting on March 1, 2023, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F7	The option vested as to 1/24th of the total shares on April 1, 2023 and then 1/24th of the total shares vested monthly thereafter, with 100% of the total shares vesting on March 1, 2025, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F8	The RSU's vest as to 1/6 of the total shares on November 25, 2023 and then 1/6 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F9	Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F10	The RSU's vested as to 1/4 of the total shares on May 25, 2023 and then 1/4 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
F11	The RSU's vest as to 1/4 of the total shares on May 25, 2024 and then 1/4 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F12	The RSU's vest as to 1/4 of the total shares on May 25, 2025 and then 1/4 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY