Munipalli Hemanth 4
4 · Remitly Global, Inc. · Filed Nov 28, 2023
Insider Transaction Report
Form 4
Munipalli Hemanth
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units (RSUs)
2023-11-25−9,800→ 9,801 total→ Common Stock (9,800 underlying) - Exercise/Conversion
Common Stock
2023-11-25+9,800→ 96,937 total - Exercise/Conversion
Common Stock
2023-11-25+41,528→ 134,551 total - Tax Payment
Common Stock
2023-11-27$22.31/sh−16,661$371,707→ 117,890 total - Tax Payment
Common Stock
2023-11-27$22.31/sh−3,914$87,321→ 93,023 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2023-11-25−41,528→ 456,811 total→ Common Stock (41,528 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
- [F2]The RSUs will vest as to 1/4th of the total shares underlying the RSUs on May 25, 2023, and then 1/4th of the total shares vest quarterly, with 100% of the total shares underlying the RSUs vested on February 25, 2024, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F3]The RSUs vest as to 1/4th of the total shares underlying the RSUs on August 25, 2023 and then 1/16th of the total shares vest on each November 25, February 25, May 25, and August 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.