Michael Milotich - 01 Mar 2024 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 2024
Net transactions value: -$177,741
Form type: 4
Filing time: 05 Mar 2024, 18:01:07 UTC
Previous filing: 05 Dec 2023
Next filing: 19 Mar 2024
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	+28,669	+11%	$0.000000	287,898	01 Mar 2024	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$65,472	-10,230	-3.6%	$6.40	277,668	01 Mar 2024	Direct	F2
transaction	MQ	Class A Common Stock	Options Exercise	$0	+25,407	+9.2%	$0.000000	303,075	01 Mar 2024	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$58,022	-9,066	-3%	$6.40	294,009	01 Mar 2024	Direct	F2
transaction	MQ	Class A Common Stock	Options Exercise	$0	+23,755	+8.1%	$0.000000	317,764	01 Mar 2024	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$54,246	-8,476	-2.7%	$6.40	309,288	01 Mar 2024	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	-28,669	-11%	$0.000000	229,358	01 Mar 2024	Class A Common Stock	28,669		Direct	F1, F3, F4
transaction	MQ	Restricted Stock Units	Options Exercise	$0	-25,407	-11%	$0.000000	203,252	01 Mar 2024	Class A Common Stock	25,407		Direct	F1, F3, F4
transaction	MQ	Restricted Stock Units	Options Exercise	$0	-23,755	-11%	$0.000000	190,042	01 Mar 2024	Class A Common Stock	23,755		Direct	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 to the Issuer as of each vesting date.
F5	One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023, and 1/12th of the remaining 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.