Remitly Global Inc.

11/15/2024 | Press release | Distributed by Public on 11/15/2024 15:04

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
Yoakum Rene
2. Issuer Name and Ticker or Trading Symbol
Remitly Global, Inc. [RELY] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Customer and Culture
(Last) (First) (Middle)
C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR 		3. Date of Earliest Transaction (Month/Day/Year)
11/13/2024
(Street)
SEATTLE, WA 98101 		4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/13/2024 M 8,234 A $1.7 130,756 D
Common Stock 11/13/2024 S(1) 8,234 D $20.21(2) 122,522 D
Common Stock 11/13/2024 M 9,076 A $2 131,598 D
Common Stock 11/13/2024 S(1) 9,076 D $20.11(3) 122,522 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5) 		6. Date Exercisable and Expiration Date
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $1.7 11/13/2024 M 8,234 (4) 07/13/2028 Common Stock 8,234 $ 0 0 (5) D
Stock Option (right to buy) $2 11/13/2024 M 9,076 (6) 03/13/2029 Common Stock 9,076 $ 0 204,009(5) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Yoakum Rene
C/O REMITLY GLOBAL, INC.
1111 3RD AVE., 21ST FLOOR
SEATTLE, WA 98101 		EVP, Customer and Culture

Signatures

/s/ Christie Cho as attorney-in-fact 11/15/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
(2) Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.54 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.
(3) Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.24 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) 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.
(5) The reporting person also holds (i) 297,108 RSUs and (ii) 276,041 stock options that are not reflected on this form.
(6) The option vested as to 25% of the total shares on July 1, 2019 and then 2.0833% of the total shares vested monthly thereafter, with 100% of the total shares vested on July 1, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.