Yoakum Rene 4
4 · Remitly Global, Inc. · Filed Nov 21, 2024
Insider Transaction Report
Form 4
Yoakum Rene
EVP, Customer and Culture
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2024-11-20−8,120→ 189,009 totalExercise: $2.00Exp: 2029-03-13→ Common Stock (8,120 underlying) - Exercise/Conversion
Common Stock
2024-11-19$2.00/sh+6,535$13,070→ 129,057 total - Sale
Common Stock
2024-11-19$20.02/sh−6,535$130,831→ 122,522 total - Sale
Common Stock
2024-11-20$20.07/sh−8,120$162,968→ 122,522 total - Exercise/Conversion
Common Stock
2024-11-20$2.00/sh+8,120$16,240→ 130,642 total - Exercise/Conversion
Stock Option (right to buy)
2024-11-19−6,535→ 197,129 totalExercise: $2.00Exp: 2029-03-13→ Common Stock (6,535 underlying)
Footnotes (5)
- [F1]This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.08 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.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $20.07 to $20.08 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.
- [F4]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.
- [F5]The reporting person also holds (i) 297,108 RSUs and (ii) 276,041 stock options that are not reflected on this form.