Michael Milotich - 01 Sep 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 Sep 2023
Net transactions value
-$241,573
Form type
4
Filing time
06 Sep 2023, 18:26:23 UTC
Previous filing
05 Jun 2023
Next filing
05 Dec 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 +28,670 +16% $0.000000 209,416 01 Sep 2023 Direct F1
transaction MQ Class A Common Stock Tax liability $88,986 -14,215 -6.8% $6.26 195,201 01 Sep 2023 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +25,407 +13% $0.000000 220,608 01 Sep 2023 Direct F1
transaction MQ Class A Common Stock Tax liability $78,857 -12,597 -5.7% $6.26 208,011 01 Sep 2023 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +23,755 +11% $0.000000 231,766 01 Sep 2023 Direct F1
transaction MQ Class A Common Stock Tax liability $73,730 -11,778 -5.1% $6.26 219,988 01 Sep 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 -28,670 -9.1% $0.000000 286,697 01 Sep 2023 Class A Common Stock 28,670 Direct F1, F3, F4
transaction MQ Restricted Stock Units Options Exercise $0 -25,407 -9.1% $0.000000 254,065 01 Sep 2023 Class A Common Stock 25,407 Direct F1, F3, F4
transaction MQ Restricted Stock Units Options Exercise $0 -23,755 -9.1% $0.000000 237,552 01 Sep 2023 Class A Common Stock 23,755 Direct F1, F3, F5
* 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 vested on March 1, 2023, and one-sixteenth (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 with the Issuer as of each vesting date.
F5 One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023 and one-twelfth (1/12th) 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.