Filing Details

Accession Number:
0001782170-22-000171
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-29 21:09:05
Reporting Period:
2022-11-25
Accepted Time:
2022-11-29 21:09:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1782170 Remitly Global Inc. RELY Services-Business Services, Nec (7389) 832301143
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1948725 Rene Yoakum C/O Remitly Global, Inc.
1111 3Rd Ave., 21St Floor
Seattle WA 98101
Evp, Customer And Culture No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-11-25 7,175 $0.00 7,461 No 4 M Direct
Common Stock Disposition 2022-11-25 1,748 $10.77 5,713 No 4 F Direct
Common Stock Disposition 2022-11-29 5,427 $9.94 286 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units (RSUs) Disposition 2022-11-25 7,175 $0.00 7,175 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,348 No 4 M Direct
Footnotes
  1. Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
  2. Weighted average price. These shares were sold in multiple transactions at prices ranging from $9.9300 to $10.0000 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. The reporting person holds (i) 83,989 RSUs and (ii) 776,041 stock options of which 433,593 stock options are vested and exercisable that are not reflected on this form.
  4. 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.