Munipalli Hemanth 4
4 · Remitly Global, Inc. · Filed May 29, 2024
Insider Transaction Report
Form 4
Munipalli Hemanth
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-05-25+1,758→ 146,087 total - Tax Payment
Common Stock
2024-05-28$13.70/sh−702$9,617→ 145,385 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-05-25−1,758→ 5,272 total→ Common Stock (1,758 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-05-25−41,528→ 373,754 total→ Common Stock (41,528 underlying) - Exercise/Conversion
Common Stock
2024-05-25+41,528→ 186,913 total - Tax Payment
Common Stock
2024-05-28$13.70/sh−16,583$227,187→ 170,330 total
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one 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, 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.
- [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.