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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.