Form 4 for RELY Remitly Global, Inc.
Accepted 2023-06-15 00:00:00 ET · period of report 2023-06-13 · accession 0001782170-23-000117 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-15 | 2023-06-13 | RELY | Yoakum Rene | EVP, Customer, Culture | S - Sale+OE | $19.96 | -15.0K | 22.9K | -40% | -$299.4K |
| D | 2023-06-15 | 2023-06-13 | RELY | Yoakum Rene | EVP, Customer, Culture | M - OptEx | $1.70 | +15.0K | 37.9K | +65% | +$25.5K |
| D | 2023-06-15 | 2023-06-13 | RELY | Yoakum Rene | EVP, Customer, Culture | M - OptEx | $0.00 | -15.0K | 184.2K | -8% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-06-13 | S | D | 15,000 | $19.96 | 22,927 | D | — | — | (F2) Weighted average price. These shares were sold in multiple transactions at prices ranging from $19.8400 to $20.0200 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. (F3) The reporting person also holds (i) 234,231 RSUs and (ii) 526,041 stock options that are not reflected on this form. |
| 2 | Common | Common Stock | 2023-06-13 | M | A | 15,000 | $1.70 | 37,927 | D | — | — | |
| 3 | Derivative | Stock Option (right to buy) | 2023-06-13 | M | D | 15,000 | $0.00 | 184,218 | D | $1.70 · — to 2028-07-13 | 15,000 Common Stock | (F3) The reporting person also holds (i) 234,231 RSUs and (ii) 526,041 stock options that are not reflected on this form. (F4) 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. The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase. |