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Remitly Global, Inc. — Director's Dealing 2024
Nov 27, 2024
31284_dirs_2024-11-27_912e9917-f568-40f5-aefc-4bb3abbbceb6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Remitly Global, Inc. (RELY)
CIK: 0001782170
Period of Report: 2024-11-25
Reporting Person: Miller Gail A (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-25 | Common Stock | M | 1536 | — | Acquired | 20757 | Direct |
| 2024-11-25 | Common Stock | F | 423 | $21.04 | Disposed | 20334 | Direct |
| 2024-11-25 | Common Stock | M | 5312 | — | Acquired | 25646 | Direct |
| 2024-11-25 | Common Stock | F | 1461 | $21.04 | Disposed | 24185 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-25 | Restricted Stock Units (RSUs) | $ | M | 1536 | Disposed | Common Stock (1536) | Direct | |
| 2024-11-25 | Restricted Stock Units (RSUs) | $ | M | 5312 | Disposed | Common Stock (5312) | Direct |
Footnotes
F1: Reflects the vesting of RSUs.
F2: Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.
F3: The RSUs will vest as to 1/4th of the total shares underlying the RSUs on August 25, 2024, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on May 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F4: The RSUs will vest as to 17% of the total shares underlying the RSUs on May 25, 2024, then 4.25% of the total shares vest on each of the four quarterly vesting dates thereafter, and then 8.25% of the total shares vest on each of the eight quarterly vesting dates thereafter, with 100% of the total shares underlying the RSUs vested on May 25, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.