09/12/2025 | Press release | Distributed by Public on 09/12/2025 16:11
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $1.7 | 09/10/2025 | M | 1,703,027 | (3) | 07/13/2028 | Common Stock | 1,703,027 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Oppenheimer Matthew B. C/O REMITLY GLOBAL, INC. 401 UNION STREET, SUITE 1000 SEATTLE, WA 98101 |
X | Chief Executive Officer |
/s/ Jeff Mason as attorney-in-fact | 09/12/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares withheld by the Issuer to satisfy the option exercise price and withholding taxes due in connection with the exercise of options expiring in 2028. The net settlement price is the closing price of one share of Issuer's common stock on September 10, 2025. This transaction was between the Reporting Person and the Issuer and did not involve a sale or other transaction with the market. |
(2) | Represents shares donated as a gift by the Reporting Person to a donor-advised fund. After donation, the Reporting Person will have no control over, and will not be able to direct the disposition of, the donated shares by such donor-advised fund. |
(3) | The option vested in monthly installments beginning on April 1, 2018, with 10% of the option vesting during the first year, 15% of the option vesting during the second year, 20% of the option vesting during the third year, 25% of the option vesting during the fourth year, and 30% of the option vesting during the fifth year, such that the option fully vested on April 1, 2023. |