Rene Yoakum - Nov 25, 2023 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
EVP, Customer and Culture
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
Nov 25, 2023
Transactions value $
-$247,708
Form type
4
Date filed
11/28/2023, 09:14 PM
Previous filing
Nov 17, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +13.1K +30.47% 56.1K Nov 25, 2023 Direct F1
transaction RELY Common Stock Tax liability -$115K -5.16K -9.19% $22.31 50.9K Nov 27, 2023 Direct
transaction RELY Common Stock Options Exercise +14.9K +29.33% 65.9K Nov 25, 2023 Direct F1
transaction RELY Common Stock Tax liability -$133K -5.95K -9.03% $22.31 59.9K Nov 27, 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
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -13.1K -50% $0.00 13.1K Nov 25, 2023 Common Stock 13.1K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -14.9K -50% $0.00 14.9K Nov 25, 2023 Common Stock 14.9K 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 1/2 of the total shares underlying the RSUs on November 25, 2023 and then 1/2 of the total shares will vest on February 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.