Scott Zucker - 24 Feb 2023 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Chief Admin. and Risk Officer
Signature: /s/ Scott Zucker
Issuer symbol: TW
Transactions as of: 24 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2023, 15:10:07 UTC
Previous filing: 18 Jan 2023
Next filing: 17 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TW	Class A common stock	Award	$0	+5,785	+24%	$0.000000	30,087	24 Feb 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2022, subject to the achievement of certain performance goals in respect of calendar year 2022. The level of achievement of those performance goals was determined on February 24, 2023. These RSUs remain unvested and are scheduled to vest on January 1, 2025, subject to the reporting person's continued employment through such date.
F2	This amount includes (i) 3,001 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 17, 2023, (ii) 3,393 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 15, 2023 and March 15, 2024, (iii) 10,180 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, (iv) 4,478 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2022, and (v) 5,785 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, in each case subject to the reporting person's continued employment through the applicable vesting date.

Content

The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2022, subject to the achievement of certain performance goals in respect of calendar year 2022. The level of achievement of those performance goals was determined on February 24, 2023. These RSUs remain unvested and are scheduled to vest on January 1, 2025, subject to the reporting person's continued employment through such date.

This amount includes (i) 3,001 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 17, 2023, (ii) 3,393 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 15, 2023 and March 15, 2024, (iii) 10,180 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, (iv) 4,478 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2022, and (v) 5,785 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, in each case subject to the reporting person's continued employment through the applicable vesting date.