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Morris Nigel W's Form 4 filing

Remitly Global, Inc. (RELY) · filed Sep 27, 2021

Accession no.
0001209191-21-057815
Filed
Sep 27, 2021
Trade date
Aug 12-Sep 27, 2021
Filing delay
46 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 4 non-derivative transactions and 4 derivative transactions. Open-market sales total $73.7M. It was filed 46 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Morris Nigel WCIK 0001238040Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 27, 2021Common StockCConversionAcquired+1,348,840–F1–1,693,840Indirect
Sep 27, 2021Common StockCConversionAcquired+851,788–F1–2,545,628Indirect
Sep 27, 2021Common StockCConversionAcquired+733,912–F1–3,279,540Indirect
Sep 27, 2021Common StockSSaleDisposed−1,715,000$43.00−$73,745,0001,564,540Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 27, 2021Common StockCConversionDisposed−1,348,840$0.00$00Indirect
Sep 27, 2021Common StockCConversionDisposed−851,788$0.00$00Indirect
Sep 27, 2021Common StockCConversionDisposed−733,912$0.00$00Indirect
Aug 12, 2021Common StockAGrant or awardAcquired+30,000$0.00$030,000Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Each share of the issuer's Series Seed, Series Seed Prime, Series A, Series B, Series C, Series D, Series E and Series F Preferred Stock automatically converted into one (1) share of the issuer's Common Stock on September 27, 2021 in connection with the closing of the issuer's sale of its Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-259167) under the Securities Act of 1933, as amended, and had no expiration date.

Referenced by the price of 3 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)