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

Role
Chief Technology Officer
Signature
/s/ Christie Cho as attorney-in-fact
Stock symbol
RELY
Transactions as of
Aug 25, 2024
Transactions value $
-$366,355
Form type
4
Date filed
8/27/2024, 07:39 PM
Previous filing
May 29, 2024
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +66.6K +23.14% 354K Aug 25, 2024 Direct F1, F2
transaction RELY Common Stock Tax liability -$366K -26.6K -7.5% $13.78 328K 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 -66.6K -14.29% $0.00 399K Aug 25, 2024 Common Stock 66.6K Direct F2, F3
* 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 (1) share of the issuer's Common Stock upon settlement.
F3 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.