Hemanth Munipalli - 25 May 2024 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
29 May 2024, 18:41:49 UTC
Prior SEC filing
18 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christie Cho as attorney-in-fact

Key filing fact

Hemanth Munipalli filed Form 4 for Remitly Global, Inc. (RELY) on 29 May 2024.

Key facts

  • This page summarizes Hemanth Munipalli's Form 4 filing for Remitly Global, Inc. (RELY).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 29 May 2024, 18:41.

Change

  • Previous filing in this sequence was filed on 18 Apr 2024.
  • Current net transaction value: -$236,804.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RELY transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,758
Change %
+1.2%
Price
Shares after
146,087
Date
25 May 2024
Ownership
Direct
Footnotes
F1
RELY transaction

Common Stock

Tax liability

Transaction value
$9,617
Shares
-702
Change %
-0.48%
Price
$13.70
Shares after
145,385
Date
28 May 2024
Ownership
Direct
RELY transaction

Common Stock

Options Exercise

Transaction value
Shares
+41,528
Change %
+29%
Price
Shares after
186,913
Date
25 May 2024
Ownership
Direct
Footnotes
F1
RELY transaction

Common Stock

Tax liability

Transaction value
$227,187
Shares
-16,583
Change %
-8.9%
Price
$13.70
Shares after
170,330
Date
28 May 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RELY transaction Derivative

Restricted Stock Units (RSUs)

Options Exercise

Transaction value
$0
Shares
-1,758
Change %
-25%
Price
$0.000000
Shares after
5,272
Date
25 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,758
Exercise price
Footnotes
F1, F2
RELY transaction Derivative

Restricted Stock Units (RSUs)

Options Exercise

Transaction value
$0
Shares
-41,528
Change %
-10%
Price
$0.000000
Shares after
373,754
Date
25 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
41,528
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.

Footnote F2

The RSUs will vest 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.

Footnote F3

The RSUs vest as to 1/4th of the total shares underlying the RSUs on August 25, 2023 and then 1/16th of the total shares vest on each November 25, February 25, May 25, and August 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.

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