Form 4 for RELY Remitly Global, Inc.
Accepted 2024-11-27 00:00:00 ET · period of report 2024-11-25 · accession 0001782170-24-000265 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-27 | 2024-11-25 | RELY | Hug Joshua | Vice COB, Dir | M - OptEx | — | +36.6K | 3.88M | +1.0% | — |
| DM | 2024-11-27 | 2024-11-25 | RELY | Hug Joshua | Vice COB, Dir | F - Tax | $21.04 | -14.4K | 3.88M | -0.4% | -$303.1K |
| D | 2024-11-27 | 2024-11-26 | RELY | Hug Joshua | Vice COB, Dir | S - Sale+OE | $20.62 | -22.2K | 3.87M | -0.6% | -$457.7K |
| DM | 2024-11-27 | 2024-11-25 | RELY | Hug Joshua | Vice COB, Dir | M - OptEx | $0.00 | -36.6K | 8,977 | -80% | $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 | 2024-11-25 | M | A | 27,625 | — | 3,906,880 | D | — | — | (F2) Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement. |
| 2 | Common | Common Stock | 2024-11-25 | F | D | 10,871 | $21.04 | 3,896,009 | D | — | — | |
| 3 | Common | Common Stock | 2024-11-26 | S | D | 22,198 | $20.62 | 3,873,811 | D | — | — | (F4) Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.06 to $20.82 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 | Common | Common Stock | 2024-11-25 | M | A | 8,977 | — | 3,882,788 | D | — | — | (F2) Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement. |
| 5 | Common | Common Stock | 2024-11-25 | F | D | 3,533 | $21.04 | 3,879,255 | D | — | — | |
| 6 | Derivative | Restricted Stock Units (RSUs) | 2024-11-25 | M | D | 27,625 | $0.00 | 27,625 | D | — · — to — | 27,625 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement. (F6) 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. |
| 7 | Derivative | Restricted Stock Units (RSUs) | 2024-11-25 | M | D | 8,977 | $0.00 | 8,977 | D | — · — to — | 8,977 Common Stock | (F2) Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement. (F5) The RSUs vested as to 1/4th of the total shares underlying the RSUs on May 25, 2024, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date. |