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Remitly Global, Inc. — Director's Dealing 2021
Sep 23, 2021
31284_dirs_2021-09-22_add392b6-133b-4024-9662-acedacc0495d.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: Hug Joshua (Director, Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4162410 | Direct |
| Common Stock | 300000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $6.55 | 2031-05-11 | Common Stock (70000) | Direct | |
| Stock Option (right to buy) | $6.55 | 2031-05-11 | Common Stock (225000) | Direct | |
| Stock Option (right to buy) | $14.11 | 2031-08-12 | Common Stock (235000) | Direct |
Footnotes
F1: The securities are held by a family trust, of which the reporting person's spouse is the trustee.
F2: The option vested as to 1/24th of the total shares on April 1, 2021 and then 1/24th of the total shares vest monthly thereafter, with 100% of the total shares vested on March 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.
F3: 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.
F4: 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.