Pankaj Sharma - Apr 16, 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Business Officer
Signature
/s/ Christie Cho as attorney-in-fact
Stock symbol
RELY
Transactions as of
Apr 16, 2024
Transactions value $
$0
Form type
4
Date filed
4/18/2024, 05:04 PM
Previous filing
Mar 7, 2024
Next filing
May 29, 2024

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) Award $0 +6.17K $0.00 6.17K Apr 16, 2024 Common Stock 6.17K Direct F1, F2
transaction RELY Restricted Stock Units (RSUs) Award $0 +262K $0.00 262K Apr 16, 2024 Common Stock 262K Direct F1, F3
* 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 share of the issuer's Common Stock upon settlement.
F2 The RSUs will vest as to 1/4th of the total shares underlying the RSUs on May 25, 2025, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 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.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY