Filing Details
- Accession Number:
- 0001782170-24-000095
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-17 16:10:13
- Reporting Period:
- 2024-04-15
- Accepted Time:
- 2024-04-17 16:10:13
- 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 | 2024-04-15 | 15,000 | $1.70 | 96,137 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-04-15 | 15,000 | $18.67 | 81,137 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2024-04-15 | 15,000 | $0.00 | 15,000 | $1.70 |
| Common Stock | Restricted Stock Units (RSUs) | Acquisiton | 2024-04-16 | 213,632 | $0.00 | 213,632 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 34,218 | 2028-07-13 | No | 4 | M | Direct | |
| 213,632 | No | 4 | A | Direct |
Footnotes
- This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- Weighted average price. These shares were sold in multiple transactions at prices ranging from $18.47 to $19.01 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.
- The option vested as to 25% of the total shares on June 25, 2018 and then 2.0833% of the total shares vested monthly thereafter, with 100% of the total shares vested on June 25, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.
- Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.
- The RSUs will vest as to 1/8th of the total shares underlying the RSUs on May 25, 2026, and then 1/8th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
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