Munipalli Hemanth 4
4 · Remitly Global, Inc. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Munipalli Hemanth
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-02-26$21.14/sh−3,048$64,435→ 119,670 total - Tax Payment
Common Stock
2024-02-26$21.14/sh−10,706$226,325→ 150,493 total - Exercise/Conversion
Common Stock
2024-02-25+9,801→ 122,718 total - Exercise/Conversion
Common Stock
2024-02-25+41,529→ 161,199 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-02-25−9,801→ 0 total→ Common Stock (9,801 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-02-25−41,529→ 415,282 total→ Common Stock (41,529 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.