Justin Peterson - 15 Mar 2024 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Chief Technology Officer
Signature: /s/ Douglas Friedman, Attorney-in-Fact for Justin Peterson
Issuer symbol: TW
Transactions as of: 15 Mar 2024
Net transactions value: -$640,466
Form type: 4
Filing time: 19 Mar 2024, 18:52:39 UTC
Previous filing: 13 Mar 2024
Next filing: 08 May 2024
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	+7,643	+13%	$0.000000	68,461	15 Mar 2024	Direct	F1, F2
transaction	TW	Class A common stock	Tax liability	$640,466	-6,169	-9%	$103.82	62,292	18 Mar 2024	Direct	F2, F3
transaction	TW	Class A common stock	Award	$0	+70	+0.11%	$0.000000	62,362	18 Mar 2024	Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2024.
F2	This amount includes (i)3,204 RSUs in respect of Class A Common Stock which are scheduled to vest on March 15, 2025, (ii) 12,419 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, (iii) 9,153 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2025 and March 15, 2026, (iv) 24,890 unvested RSUs in respect of Class A Common Stock, which are scheduled to vest on January 1, 2026, and (v) 7,643 unvested RSUs in respect of Class A Common Stock, which are scheduled to vest in equal installments on March 15, 2025, March 15, 2026 and March 15, 2027, in each case subject to the reporting person's continued employment through the applicable vesting date.
F3	Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of RSUs in respect of of Class A Common Stock held by the reporting person.
F4	Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.