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

Role
CLCAO
Signature
/s/ Jeff Mason as attorney-in-fact
Issuer symbol
RELY
Transactions as of
25 Feb 2025
Net transactions value
-$251,250
Form type
4
Filing time
27 Feb 2025, 18:50:52 UTC
Previous filing
24 Feb 2025
Next filing
15 Apr 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 +1,861 +3.4% 56,343 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Sale $18,123 -757 -1.3% $23.94 55,586 25 Feb 2025 Direct
transaction RELY Common Stock Options Exercise +23,125 +42% 78,711 25 Feb 2025 Direct F1, F2
transaction RELY Common Stock Sale $233,128 -9,738 -12% $23.94 68,973 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 -1,861 -100% $0.000000 0 25 Feb 2025 Common Stock 1,861 Direct F2, F3
transaction RELY Restricted Stock Units (RSUs) Options Exercise $0 -23,125 -100% $0.000000 0 25 Feb 2025 Common Stock 23,125 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 RSUs vested as to 1/4 of the total shares underlying the RSUs on May 25, 2024 and then 1/4 of the total shares vest quarterly thereafter, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSUs vest as to 100% of the total shares underlying the RSUs on February 25, 2025.