Michael Milotich - 01 Mar 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role: Chief Financial Officer
Signature: /s/ Tracy Foard, Attorney-in-Fact
Issuer symbol: MQ
Transactions as of: 01 Mar 2023
Net transactions value: -$336,596
Form type: 4
Filing time: 03 Mar 2023, 15:55:35 UTC
Previous filing: 24 May 2022
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	MQ	Class A Common Stock	Options Exercise	$0	+216,305		$0.000000	216,305	01 Mar 2023	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$336,596	-74,799	-35%	$4.50	141,506	01 Mar 2023	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-216,305	-25%	$0.000000	648,914	01 Mar 2023	Class A Common Stock	216,305		Direct	F1, F3, F4

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

Explanation of Responses:

Id	Content
F1	Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F2	Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
F3	Each restricted stock unit is convertible into one share of Class A Common Stock.
F4	One-fourth (1/4th) of the restricted stock units granted on March 15, 2022 and May 21, 2022 vest on March 1, 2023, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.