Remitly Global, Inc. — Director's Dealing 2023

Mar 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Remitly Global, Inc. (RELY)
CIK: 0001782170
Period of Report: 2023-02-25

Reporting Person: MORRIS NIGEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-25	Common Stock	M	1875	—	Acquired	13303	Direct
2023-02-25	Common Stock	M	1027	—	Acquired	14330	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-25	Restricted Stock Units (RSUs)	$	M	1875	Disposed		Common Stock (1875.0)	Direct
2023-02-25	Restricted Stock Units (RSUs)	$	M	1027	Disposed		Common Stock (1027.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1564540	Indirect

Footnotes

F1: Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.

F2: These securities are held of record by QED Fund II, L.P. ("QED LP"), which is managed by QED Partners II, LLC ("QED LLC"). Nigel Morris, a director of the issuer, is the managing partner of QED LLC and may be deemed to have sole voting and dispositive control over the shares held by QED LP. Mr. Morris disclaims beneficial ownership of the shares held by QED LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F3: The RSUs vest as to 1/16th of the total shares underlying the RSUs on November 25, 2021 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, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.

F4: The RSUs vest on the earlier of (1) four equal quarterly installments on August 25, 2022, November 25, 2022, February 25, 2023, and May 25, 2023, and (2) the issuer's next annual meeting of stockholders following the grant date, subject to the reporting person's provision of service to the issuer through each applicable date.