Susanna Morgan - Sep 22, 2021 Form 3 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Financial Officer
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
Sep 22, 2021
Transactions value $
$0
Form type
3
Date filed
9/22/2021, 06:12 PM
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RELY Common Stock 500K Sep 22, 2021 Direct
holding RELY Common Stock 70K Sep 22, 2021 By GRAT F1

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
holding RELY Stock Option (right to buy) Sep 22, 2021 Common Stock 530K $1.70 Direct F2
holding RELY Stock Option (right to buy) Sep 22, 2021 Common Stock 222K $6.55 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held by a GRAT, of which the reporting person's spouse is the trustee.
F2 The option vested as to 1/4th of the total shares on August 22, 2019 and then 1/48th of the total shares vest monthly thereafter, with 100% of the total shares vested on August 22, 2022, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.
F3 The option vests as to 1/19th of the total shares on September 1, 2022 and then 1/19th of the total shares vest monthly thereafter, with 100% of the total shares vested on March 1, 2024, subject to the reporting person's provision of service to the issuer on each vesting date. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.

Remarks:

EXHIBIT 24: POWER OF ATTORNEY