Phillip John Riese - Jun 12, 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Director
Signature
/s/ Christie Cho as attorney-in-fact
Stock symbol
RELY
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/14/2024, 04:17 PM
Previous filing
Jun 6, 2024
Next filing
Aug 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +8.51K +9.66% 96.6K Jun 12, 2024 Direct F1, F2

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 -8.51K -100% $0.00* 0 Jun 12, 2024 Common Stock 8.51K Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Award $0 +4.88K $0.00 4.88K Jun 12, 2024 Common Stock 4.88K Direct F2, F4
transaction RELY Restricted Stock Units (RSUs) Award $0 +15.2K $0.00 15.2K Jun 12, 2024 Common Stock 15.2K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of RSUs.
F2 Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.
F3 The RSUs were granted on June 14, 2023 and fully vested on June 12, 2024.
F4 The RSUs will vest in four equal installments on each February 25, May 25, August 25 and November 25 following the grant date and, if not fully vested, shall vest in full on the earlier of (i) the date of the 2025 annual meeting of the Company's stockholders or (ii) June 12, 2025.
F5 The RSUs will vest on the earlier of (i) the date of the next annual meeting of the Company's stockholders and (ii) the anniversary of the grant date, in each case, subject to the reporting person's provision of service to the issuer through the applicable date.