0001782170-22-000032.txt : 20220308
0001782170-22-000032.hdr.sgml : 20220308
20220308192301
ACCESSION NUMBER: 0001782170-22-000032
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220304
FILED AS OF DATE: 20220308
DATE AS OF CHANGE: 20220308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MORRIS NIGEL W
CENTRAL INDEX KEY: 0001238040
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40822
FILM NUMBER: 22723409
MAIL ADDRESS:
STREET 1: 1680 CAPITAL ONE DRIVE
CITY: MCLEAN
STATE: VA
ZIP: 22102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Remitly Global, Inc.
CENTRAL INDEX KEY: 0001782170
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 832301143
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
BUSINESS PHONE: 206-535-6152
MAIL ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
4
1
wf-form4_164678536158024.xml
FORM 4
X0306
4
2022-03-04
0
0001782170
Remitly Global, Inc.
RELY
0001238040
MORRIS NIGEL W
C/O REMITLY GLOBAL, INC.
1111 3RD AVE., 21ST FLOOR
SEATTLE
WA
98101
1
0
0
0
Common Stock
2022-03-04
4
M
0
3750
A
3750
D
Common Stock
1564540
I
By QED Fund II, L.P.
Restricted Stock Units (RSUs)
2022-03-04
4
M
0
3750
0
D
2031-08-12
Common Stock
3750.0
26250
D
Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
These securities are held of record by QED Fund II, L.P. ("QED LP"), which is managed by QED Partners II, LLC ("QED LLC"). Nigel Morris, a director of the issuer, is the managing partner of QED LLC and may be deemed to have sole voting and dispositive control over the shares held by QED LP. Mr. Morris disclaims beneficial ownership of the shares held by QED LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
The settlement of the RSUs was on March 4, 2022. The issuer delayed the settlement of the RSUs pursuant to the terms of the award agreement between the reporting person and the issuer.
The RSUs vest as to 1/16th of the total shares underlying the RSUs on November 25, 2021 and then 1/16th of the total shares vest on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on August 25, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
/s/ Saema Somalya as attorney-in-fact
2022-03-08