| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Common Stock | Options Exercise | $25.5K | +15K | +18.49% | $1.70* | 96.1K | Apr 15, 2024 | Direct | F1 |
| transaction | RELY | Common Stock | Sale | -$280K | -15K | -15.6% | $18.67 | 81.1K | Apr 15, 2024 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RELY | Stock Option (right to buy) | Options Exercise | $0 | -15K | -30.48% | $0.00 | 34.2K | Apr 15, 2024 | Common Stock | 15K | $1.70 | Direct | F1, F3 |
| transaction | RELY | Restricted Stock Units (RSUs) | Award | $0 | +214K | $0.00 | 214K | Apr 16, 2024 | Common Stock | 214K | Direct | F4, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |
| F2 | Weighted average price. These shares were sold in multiple transactions at prices ranging from $18.47 to $19.01 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| F3 | The option vested as to 25% of the total shares on June 25, 2018 and then 2.0833% of the total shares vested monthly thereafter, with 100% of the total shares vested on June 25, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. |
| F4 | Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement. |
| F5 | The RSUs will vest as to 1/8th of the total shares underlying the RSUs on May 25, 2026, and then 1/8th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2028, subject to the reporting person's provision of service to the issuer on each vesting date. |
EXHIBIT 24: POWER OF ATTORNEY