Joshua Hug - 25 Feb 2025 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Vice Chair, Director
Signature
/s/ Jeff Mason as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Feb 2025
Net transactions value
-$227,597
Form type
4
Filing time
27 Feb 2025, 18:49:40 UTC
Previous filing
10 Dec 2024
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +8,977 +0.23% 3,842,788 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Tax liability $54,038 -2,186 -0.06% $24.72 3,840,602 25 Feb 2025 Direct
transaction RELY Common Stock Options Exercise +27,625 +0.72% 3,868,227 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Tax liability $173,559 -7,021 -0.18% $24.72 3,861,206 25 Feb 2025 Direct
holding RELY Common Stock 300,000 25 Feb 2025 By Trust F3

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 -8,977 -100% $0.000000 0 25 Feb 2025 Common Stock 8,977 Direct F2, F4
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -27,625 -100% $0.000000 0 25 Feb 2025 Common Stock 27,625 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 securities are held by a family trust, of which the reporting person's spouse is the trustee.
F4 The RSUs vested as to 1/4th of the total shares underlying the RSUs on May 25, 2024, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F5 On May 23, 2022, the reporting person was granted 262,445 RSUs that vest as follows: 10,109 shares on May 25, 2022, 10,109 shares on August 25, 2022, 10,110 on November 25, 2022, 10,110 shares on February 25, 2023, 24,115 shares on May 25, 2023, 29,130 shares on August 25, 2023, 29,131 shares on November 25, 2023, 29,131 shares on February 25, 2024, 27,625 shares on May 25, 2024, 27,625 shares on August 25, 2024, 27,625 shares on November 25,2024, and 27,625 shares on February 25, 2025 with 100% of the total shares vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY