Form 4 for RELY Remitly Global, Inc.
Accepted 2023-11-28 00:00:00 ET · period of report 2023-11-25 · accession 0001782170-23-000230 · 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 | 2023-11-28 | 2023-11-25 | RELY | Chung Bora | Dir | M - OptEx | — | +5,809 | 91.1K | +7% | — |
| D | 2023-11-28 | 2023-11-25 | RELY | Chung Bora | Dir | M - OptEx | $0.00 | -5,809 | 23.2K | -20% | $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 | 2023-11-25 | M | A | 5,809 | — | 91,051 | D | — | — | (F1) Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement. |
| 2 | Derivative | Restricted Stock Units (RSUs) | 2023-11-25 | M | D | 5,809 | $0.00 | 23,235 | D | — · — to — | 5,809 Common Stock | (F1) Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement. (F2) The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest. The liquidity event-based vesting event was satisfied on September 22, 2021, the effective date of the issuer's initial public offering. The service-based vesting event will be satisfied as to 1/4th of the total shares underlying the RSUs on November 25, 2021 and then 1/16th of the total number of shares vest quarterly on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on November 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date. |