Filing Details

Accession Number:
0001782170-23-000231
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-28 21:11:24
Reporting Period:
2023-11-25
Accepted Time:
2023-11-28 21:11:24
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
1880864 Joshua Hug C/O Remitly Global, Inc.
1111 3Rd Ave., 21St Floor
Seattle WA 98101
Chief Operating Officer Yes 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 2023-11-25 29,131 $0.00 4,082,762 No 4 M Direct
Common Stock Disposition 2023-11-27 11,464 $22.31 4,071,298 No 4 F Direct
Common Stock Disposition 2023-11-27 17,667 $21.90 4,053,631 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 2023-11-25 29,131 $0.00 29,131 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
139,631 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 300,000 Indirect By Trust
Footnotes
  1. Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
  2. This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $21.85 to $22.02 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.
  4. The securities are held by a family trust, of which the reporting person's spouse is the trustee.
  5. On May 23, 2022, the reporting person was granted 262,445 RSUs that vest as follows: 10,109 shares on May 25, 2022, 10,109 shares on August 25, 2022, 10,110 on November 25, 2022, 10,110 shares on February 25, 2023, 24,115 shares on May 25, 2023, 29,130 shares on August 25, 2023, 29,131 shares on November 25, 2023, 29,131 shares on February 25, 2024, 27,625 shares on May 25, 2024, 27,625 shares on August 25, 2024, 27,625 shares on November 25,2024, and 27,625 shares on February 25, 2025 with 100% of the total shares vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.