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

Role
Chief Product and Tech Officer
Signature
/s/ Jered Fahey as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Feb 2025
Net transactions value
-$515,338
Form type
4
Filing time
27 Feb 2025, 18:50:20 UTC
Previous filing
10 Dec 2024
Next filing
19 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 +66,581 +19% 423,652 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Tax liability $515,338 -20,847 -4.9% $24.72 402,805 25 Feb 2025 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 -66,581 -20% $0.000000 266,323 25 Feb 2025 Common Stock 66,581 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 share of the issuer's Common Stock upon settlement.
F3 The RSUs vested as to 1/4th of the total shares underlying the RSUs on February 25, 2023, and then 1/16th of the total 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.