0001782170-22-000033.txt : 20220308
0001782170-22-000033.hdr.sgml : 20220308
20220308192536
ACCESSION NUMBER: 0001782170-22-000033
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: Chung Bora
CENTRAL INDEX KEY: 0001795501
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40822
FILM NUMBER: 22723412
MAIL ADDRESS:
STREET 1: C/O BILL.COM HOLDINGS, INC.
STREET 2: 1810 EMBARCADERO ROAD
CITY: PALO ALTO
STATE: CA
ZIP: 94303
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_164678551564425.xml
FORM 4
X0306
4
2022-03-04
0
0001782170
Remitly Global, Inc.
RELY
0001795501
Chung Bora
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
29044
A
29044
D
Restricted Stock Units (RSUs)
2022-03-04
4
M
0
29044
0
D
2027-12-14
Common Stock
29044.0
63897
D
Each RSU represents a contingent right to receive one (1) share of the issuer's Common Stock upon settlement.
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 were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which must be satisfied in order for the RSUs to vest. The liquidity event-based vesting event was satisfied on September 22, 2021, the effective date of the issuer's initial public offering. The service-based vesting event will be satisfied as to 1/4th of the total shares underlying the RSUs on November 25, 2021 and then 1/16th of the total number of shares vest quarterly on each February 25, May 25, August 25 and November 25 thereafter, with 100% of the total shares underlying the RSUs vested on November 25, 2024, 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