Nigel W. Morris - Feb 1, 2024 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
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 05:08 PM
Previous filing
Nov 28, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +554 +0.03% 1.8M Feb 1, 2024 Direct F1, F2

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 -554 -50% $0.00 554 Feb 1, 2024 Common Stock 554 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of RSUs.
F2 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F3 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.