Ankur Sinha - Feb 25, 2024 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
Feb 25, 2024
Transactions value $
-$419,460
Form type
4
Date filed
2/27/2024, 08:27 PM
Previous filing
Nov 28, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELY Common Stock Options Exercise +66.6K +28.34% 301K Feb 25, 2024 Direct F1
transaction RELY Common Stock Tax liability -$419K -19.8K -6.58% $21.14 282K Feb 26, 2024 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 -11.11% $0.00 533K Feb 25, 2024 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.