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Remitly Global, Inc. — Director's Dealing 2021
Sep 23, 2021
31284_dirs_2021-09-22_de3fe46f-9d45-4b96-ab4e-664fce1f2752.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Remitly Global, Inc. (RELY)
CIK: 0001782170
Period of Report: 2021-09-22
Reporting Person: Morgan Susanna (Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500000 | Direct |
| Common Stock | 70000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $1.70 | 2028-08-31 | Common Stock (530000) | Direct | |
| Stock Option (right to buy) | $6.55 | 2031-05-11 | Common Stock (221667) | Direct |
Footnotes
F1: The securities are held by a GRAT, of which the reporting person's spouse is the trustee.
F2: The option vested as to 1/4th of the total shares on August 22, 2019 and then 1/48th of the total shares vest monthly thereafter, with 100% of the total shares vested on August 22, 2022, 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 1/19th of the total shares on September 1, 2022 and then 1/19th 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.