Pankaj Sharma - Aug 25, 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
Aug 25, 2024
Transactions value $
-$192,837
Form type
4
Date filed
8/27/2024, 07:39 PM
Previous filing
May 29, 2024
Next filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +7.63K +5.46% 147K Aug 25, 2024 Direct F1, F2
transaction RELY Common Stock Tax liability -$49.4K -3.59K -2.43% $13.78 144K Aug 26, 2024 Direct
transaction RELY Common Stock Options Exercise +22.1K +15.39% 166K Aug 25, 2024 Direct F1, F2
transaction RELY Common Stock Tax liability -$143K -10.4K -6.27% $13.78 156K Aug 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 -7.63K -33.33% $0.00 15.3K Aug 25, 2024 Common Stock 7.63K Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -22.1K -33.33% $0.00 44.3K Aug 25, 2024 Common Stock 22.1K Direct F2, F4
* 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 RSU's vest as to 1/4 of the total shares on May 25, 2024 and then 1/4 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSU's vest as to 1/6 of the total shares on November 25, 2023 and then 1/6 of the total shares vesting quarterly thereafter, with 100% of the total shares vesting on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.