Vikas D. Mehta - Sep 16, 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Financial Officer
Signature
/s/ Christie Cho as attorney-in-fact
Stock symbol
RELY
Transactions as of
Sep 16, 2024
Transactions value $
$0
Form type
4
Date filed
10/3/2024, 07:24 PM
Previous filing
Aug 27, 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 +875K $0.00 875K Sep 16, 2024 Common Stock 875K Direct F1, F2
* 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 15% of the total shares underlying the RSUs on August 25, 2025 and then 3.75% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.75% of the total shares vest on each of the eight quarterly vesting dates thereafter, subject to the reporting person's provision of service to the issuer on each vesting date.