Joshua Hug - May 23, 2022 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role
Chief Operating Officer, Director
Signature
/s/ Saema Somalya as attorney-in-fact
Stock symbol
RELY
Transactions as of
May 23, 2022
Transactions value $
$0
Form type
4
Date filed
5/25/2022, 08:27 PM
Previous filing
Mar 15, 2022
Next filing
May 26, 2022

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) Award $0 +262K $0.00 262K May 23, 2022 Common Stock 262K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F2 The restricted stock units 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.