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Remitly Global, Inc. — Director's Dealing 2022
Oct 4, 2022
31284_dirs_2022-10-03_8c5d7a80-7c2a-464d-8d60-4699cce29048.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: 2022-09-21
Reporting Person: Yoakum Rene (EVP, Customer and Culture)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6257 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) | $ | 2032-04-25 | Common Stock (21523.0) | Direct | |
| Restricted Stock Units (RSUs) | $ | 2032-04-25 | Common Stock (11124.0) | Direct | |
| Restricted Stock Units (RSUs) | $ | 2032-04-25 | Common Stock (26198.0) | Direct | |
| Restricted Stock Units (RSUs) | $ | 2032-04-25 | Common Stock (46667.0) | Direct | |
| Stock Option (right to buy) | $1.7 | 2028-07-13 | Common Stock (199218.0) | Direct | |
| Stock Option (right to buy) | $2.0 | 2029-03-13 | Common Stock (250000.0) | Direct | |
| Stock Option (right to buy) | $6.55 | 2031-05-11 | Common Stock (83333.0) | Direct | |
| Stock Option (right to buy) | $6.55 | 2031-05-11 | Common Stock (67708.0) | Direct | |
| Stock Option (right to buy) | $14.11 | 2031-08-12 | Common Stock (125000.0) | Direct |
Footnotes
F1: The RSUs vested as to 1/4th of the total shares underlying the RSUs on August 25, 2022 and then 1/4th of the total shares vest on November 25, 2022, February 25, 2023, and May 25, 2023, with 100% of the total shares underlying the RSUs vested on May 25, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.
F2: Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
F3: On April 25, 2022, the reporting person was granted 11,124 RSUs of which 100% of the total shares underlying the RSUs will vest on August 25, 2023, subject to the reporting person's provision of service to the issuer through this date.
F4: The RSUs vest as to 1/2 of the total shares underlying the RSUs on November 25, 2023 and then 1/2 of the total shares will vest on February 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
F5: The RSUs vest as to 1/4th of the total shares underlying the RSUs on May 25, 2024 and then 1/4th of the total shares vest on August 25, 2024, November 25, 2024, and February 25, 2025, with 100% of the total shares underlying the RSUs vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F6: The option vested as to 1/4th of the total shares on June 25, 2019 and then 1/48th of the total shares vest monthly thereafter, with 100% of the total shares vested on June 25, 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.
F7: The option vested as to 1/4th of the total shares on July 1, 2020 and then 1/48th of the total shares vest monthly thereafter, with 100% of the total shares vested on July 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.
F8: The option vests as to 1/8th of the total shares on August 1, 2023 and then 1/8th 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.
F9: The option vested as to 1/13th of the total shares on July 1, 2022 and then 1/13th of the total shares vest monthly thereafter, with 100% of the total shares vested on July 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.
F10: 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.