Simon Khalaf - 31 Jan 2023 Form 3 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Executive Officer, Director
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
31 Jan 2023
Transactions value $
$0
Form type
3
Filing time
10 Feb 2023, 15:46:02 UTC
Next filing
17 Feb 2023
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
holding MQ Restricted Stock Units 31 Jan 2023 Class A Common Stock 710K Direct F1, F2
holding MQ Stock Option (Right to Buy) 31 Jan 2023 Class A Common Stock 1.17M $9.59 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth (1/4th) of the restricted stock units vest on June 1, 2023, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each September 1, December 1, March 1, and June 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
F2 Each restricted stock unit is convertible into one share of Class A Common Stock.
F3 The stock option vests in 48 monthly installments beginning on June 27, 2023 (the one-year anniversary of the Reporting Person's service start date), subject to the Reporting Person's continued service to the Issuer as of each vesting date.

Remarks:

Exhibit 24 Power of Attorney