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Filing Details

Accession Number:: 0000899243-21-038186
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-29 16:10:14
Reporting Period:: 2021-09-27

Accepted Time:: 2021-09-29 16:10:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1782170	Remitly Global Inc.	RELY	Services-Advertising (7310)	T3

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1106051	Ltd Naspers	Naspers Limited Nasionale Pers Sentrum 40 Heerengracht Cape Town T3 8001	No	No	Yes	No
1864839	N.v. Prosus	Symphony Offices Gustav Mahlerplein 5 Amsterdam P7 1082 MS	No	No	Yes	No
1885449	B.v. Investments Fintech Payu	Gustav Mahlerplein 5 Amsterdam P7 1082 MS	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-09-27	36,745,350	$0.00	36,760,350	No	4	C	Indirect	See Footnotes
Common Stock	Acquisiton	2021-09-27	581,395	$43.00	37,341,745	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series Seed Prime Convertible Preferred Stock	Disposition	2021-09-27	71,621	$0.00	71,621	$0.00
Common Stock	Series A Convertible Preferred Stock	Disposition	2021-09-27	1,262,230	$0.00	1,262,230	$0.00
Common Stock	Series C Convertible Preferred Stock	Disposition	2021-09-27	1,616,743	$0.00	1,616,743	$0.00
Common Stock	Series D Convertible Preferred Stock	Disposition	2021-09-27	26,375,481	$0.00	26,375,481	$0.00
Common Stock	Series E Convertible Preferred Stock	Disposition	2021-09-27	1,678,810	$0.00	1,678,810	$0.00
Common Stock	Series F Convertible Preferred Stock	Disposition	2021-09-27	5,740,465	$0.00	5,740,465	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect

Footnotes

The total represents shares received upon conversion of shares of Series Seed Prime Convertible Preferred Stock, Series A Convertible Preferred Stock, Series C Convertible Preferred Stock, Series D Convertible Preferred Stock, Series E Convertible Preferred Stock and Series F Convertible Preferred Stock.
The reported security converted into the Issuer's Common Stock on a one-for-one basis automatically immediately prior to the closing of the Issuer's initial public offering without payment of further consideration. The shares have no expiration date.
Represents shares directly held by PayU Fintech Investments B.V. ("PayU") and indirectly held by Prosus N.V. and Naspers Ltd. PayU is a subsidiary of MIH Fintech Holdings B.V., which in turn is a subsidiary of MIH e-Commerce Holdings B.V., which in turn is a subsidiary of MIH Internet Holdings B.V., which is in turn a subsidiary of Prosus N.V., which is an indirect, majority-owned subsidiary of Naspers Ltd. PayU is controlled by Prosus N.V. and Naspers Ltd., which share voting and dispositive control over the shares held by PayU.
(Continued from Footnote 3) Naspers Ltd. employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk ("Nasbel") and Keeromstraat 30 Beleggings (RF) Beperk ("Keerom"), the sole remit of which is to protect the continued independence of Naspers Ltd. Each of Nasbel and Keerom disclaims beneficial ownership of all shares of Common Stock owned by the Reporting Persons, except to the extent of their respective pecuniary interest therein. Laurent Le Moal, a member of board of directors of the Issuer, is the Chief Executive Officer of PayU, but has no voting or dispositive control over the shares held by PayU.
Represents shares of Common Stock purchased from the Issuer in a private placement that closed immediately following the Issuer's initial public offering.