Rene Yoakum - Feb 25, 2024 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
Feb 25, 2024
Transactions value $
-$144,344
Form type
4
Date filed
2/27/2024, 08:19 PM
Previous filing
Feb 16, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +13.1K +21.86% 73K Feb 25, 2024 Direct F1
transaction RELY Common Stock Tax liability -$67.4K -3.19K -4.37% $21.14 69.8K Feb 26, 2024 Direct
transaction RELY Common Stock Options Exercise +14.9K +21.39% 84.8K Feb 25, 2024 Direct F1
transaction RELY Common Stock Tax liability -$76.9K -3.64K -4.29% $21.14 81.1K Feb 26, 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 -13.1K -100% $0.00* 0 Feb 25, 2024 Common Stock 13.1K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -14.9K -100% $0.00* 0 Feb 25, 2024 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.