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

Role: Chief Technology Officer
Signature: /s/ Saema Somalya as attorney-in-fact
Stock symbol: RELY
Transactions as of: Feb 25, 2024
Transactions value $: -$419,460
Form type: 4
Date filed: 2/27/2024, 08:27 PM
Previous filing: Nov 28, 2023
Next filing: Mar 8, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RELY	Common Stock	Options Exercise		+66.6K	+28.34%		301K	Feb 25, 2024	Direct	F1
transaction	RELY	Common Stock	Tax liability	-$419K	-19.8K	-6.58%	$21.14	282K	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	-66.6K	-11.11%	$0.00	533K	Feb 25, 2024	Common Stock	66.6K		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 reporting person vested into 266,323 RSUs on February 25, 2023, and then 1/12th of the remaining shares vest quarterly thereafter, with 100% of the total shares vested on February 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.