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Remitly Global, Inc. Director's Dealing 2024

Feb 28, 2024

31284_dirs_2024-02-27_f2b68fbd-831c-41bd-bf74-cd2f2f5815b5.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: 2024-02-25

Reporting Person: Chung Bora (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-25 Common Stock M 5808 Acquired 86452 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-25 Restricted Stock Units (RSUs) $ M 5808 Disposed Common Stock (5808) Direct

Footnotes

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

F2: The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest. The liquidity event-based vesting event was satisfied on September 22, 2021, the effective date of the issuer's initial public offering. The service-based vesting event will be satisfied as to 1/4th of the total shares underlying the RSUs on November 25, 2021 and then 1/16th of the total number of shares vest quarterly on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on November 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.