Rene Yoakum - 25 Feb 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
EVP, Customer and Culture
Signature
/s/ Saema Somalya as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Feb 2024
Net transactions value
-$144,344
Form type
4
Filing time
27 Feb 2024, 20:19:37 UTC
Previous filing
16 Feb 2024
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +13,099 +22% 73,027 25 Feb 2024 Direct F1
transaction RELY Common Stock Tax liability $67,437 -3,190 -4.4% $21.14 69,837 26 Feb 2024 Direct
transaction RELY Common Stock Options Exercise +14,938 +21% 84,775 25 Feb 2024 Direct F1
transaction RELY Common Stock Tax liability $76,907 -3,638 -4.3% $21.14 81,137 26 Feb 2024 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 -13,099 -100% $0.000000* 0 25 Feb 2024 Common Stock 13,099 Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -14,938 -100% $0.000000* 0 25 Feb 2024 Common Stock 14,938 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.