0001782170-24-000156.txt : 20240529
0001782170-24-000156.hdr.sgml : 20240529
20240529184251
ACCESSION NUMBER: 0001782170-24-000156
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240525
FILED AS OF DATE: 20240529
DATE AS OF CHANGE: 20240529
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hug Joshua
CENTRAL INDEX KEY: 0001880864
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40822
FILM NUMBER: 241000222
MAIL ADDRESS:
STREET 1: 1111 THIRD AVENUE, ST. 2100
STREET 2: C/O REMITLY GLOBAL, INC.
CITY: SEATTLE
STATE: WA
ZIP: 98101
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Remitly Global, Inc.
CENTRAL INDEX KEY: 0001782170
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 832301143
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
BUSINESS PHONE: 206-535-6152
MAIL ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
4
1
wk-form4_1717022556.xml
FORM 4
X0508
4
2024-05-25
0
0001782170
Remitly Global, Inc.
RELY
0001880864
Hug Joshua
C/O REMITLY GLOBAL, INC.
1111 3RD AVE., 21ST FLOOR
SEATTLE
WA
98101
1
1
0
0
Vice Chair
0
Common Stock
2024-05-25
4
M
0
8977
A
3882608
D
Common Stock
2024-05-28
4
F
0
3533
13.70
D
3879075
D
Common Stock
2024-05-25
4
M
0
27625
A
3906700
D
Common Stock
2024-05-28
4
F
0
6830
13.70
D
3899870
D
Common Stock
2024-05-29
4
S
0
26239
13.2251
D
3873631
D
Common Stock
300000
I
By Trust
Restricted Stock Units (RSUs)
2024-05-25
4
M
0
8977
0
D
Common Stock
8977
26931
D
Restricted Stock Units (RSUs)
2024-05-25
4
M
0
27625
0
D
Common Stock
27625
82875
D
Each RSU represents a contingent right to receive one share of the issuer's Common Stock upon settlement.
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 $13.12 to $13.33 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 securities are held by a family trust, of which the reporting person's spouse is the trustee.
The RSUs will vest 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.
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.
/s/ Christie Cho as attorney-in-fact
2024-05-29