Remitly Global, Inc. — Director's Dealing 2021

Sep 23, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Remitly Global, Inc. (RELY)
CIK: 0001782170
Period of Report: 2021-09-22

Reporting Person: Oppenheimer Matthew B. (Director, Chief Executive Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5338447	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$1.70	2028-07-13	Common Stock (1703027)		Direct
Stock Option (right to buy)	$6.55	2031-05-11	Common Stock (375000)		Direct
Stock Option (right to buy)	$14.11	2031-08-12	Common Stock (425000)		Direct

Footnotes

F1: Of the 1,703,027 unexercised shares underlying the option, 326,362 shares were vested as of April 1, 2021, 625,757 shares vest 1/12th monthly during the period April 1, 2021 through April 1, 2022 and 750,908 shares vest 1/12th monthly during the period April 1, 2022 through April 1, 2023, 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.

F2: The option vests as to 1/11th of the total shares on May 1, 2023 and then 1/11th 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.

F3: The option vests as to 1/12th of the total shares on April 1, 2024 and then 1/12th of the total shares vest monthly thereafter, with 100% of the total shares vested on March 1, 2025, 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.