Ankur Sinha - May 25, 2023 Form 4 Insider Report for Remitly Global, Inc. (RELY)

Role: Chief Technology Officer
Signature: /s/ Saema Somalya as attorney-in-fact
Stock symbol: RELY
Transactions as of: May 25, 2023
Transactions value $: -$458,500
Form type: 4
Date filed: 5/30/2023, 06:52 PM
Previous filing: Feb 28, 2023
Next filing: Aug 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RELY	Common Stock	Options Exercise		+66.6K	+38.79%		238K	May 25, 2023	Direct	F1
transaction	RELY	Common Stock	Tax liability	-$459K	-26.2K	-11%	$17.50	212K	May 25, 2023	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	-66.6K	-8.33%	$0.00	732K	May 25, 2023	Common Stock	66.6K		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 reporting person vested into 266,323 RSUs on February 25, 2023, and then 1/12th of the remaining 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.