Michael Milotich - 15 Mar 2022 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Financial Officer
Signature
/s/ Christine Paster, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 16:42:59 UTC
Previous filing
02 Mar 2022
Next filing
24 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MQ Stock Option (Right to Buy) Award $0 +814,763 $0.000000 814,763 15 Mar 2022 Class A Common Stock 814,763 $8.72 Direct F1
transaction MQ Restricted Stock Units Award $0 +458,715 $0.000000 458,715 15 Mar 2022 Class A Common Stock 458,715 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the stock option vests on March 15, 2023 and the remaining shares subject to the stock option vest in equal monthly installments over the three years thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
F2 Each restricted stock unit is convertible into one share of Class A Common Stock.
F3 Twenty-five percent (25%) of the restricted stock units vest on March 15, 2023 and 1/16th of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.