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: Riese Phillip John (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$0.64	2027-01-30	Common Stock (500000)		Direct
Restricted Stock Units (RSUs)	$	2027-11-03	Common Stock (92941)		Direct

Footnotes

F1: The option is fully vested and exercisable.

F2: The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest. The liquidity event-based vesting event was satisfied on September 22, 2021 the effective date of the issuer's initial public offering. The service-based vesting event was satisfied as to 1/16th of the total shares underlying the RSUs on November 25, 2020 and then 1/16th of the total shares vest on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.

F3: Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.