Lee Olesky - Jun 15, 2021 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Signature
/s/ Scott Zucker, Attorney-in-Fact for Lee Olesky
Stock symbol
TW
Transactions as of
Jun 15, 2021
Transactions value $
-$14,724,351
Form type
4
Date filed
6/17/2021, 08:23 PM
Next filing
Jun 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Options Exercise $1.61M +78.1K +16.5% $20.59* 552K Jun 15, 2021 Direct F1, F2
transaction TW Class A common stock Sale -$6.62M -78.1K -14.16% $84.77 473K Jun 15, 2021 Direct F1, F2, F3
transaction TW Class A common stock Options Exercise $1.32M +64.2K +13.56% $20.59* 538K Jun 16, 2021 Direct F1, F2
transaction TW Class A common stock Sale -$5.44M -64.2K -11.94% $84.71 473K Jun 16, 2021 Direct F1, F2, F4
transaction TW Class A common stock Options Exercise $1.8M +87.2K +18.42% $20.59* 561K Jun 17, 2021 Direct F1, F2
transaction TW Class A common stock Sale -$7.39M -87.2K -15.56% $84.73 473K Jun 17, 2021 Direct F1, F2, F5
holding TW Class A common stock 20K Jun 15, 2021 See footnote F6

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 TW Stock Option (Right to Buy) Options Exercise $0 -78.1K -6.1% $0.00 1.2M Jun 15, 2021 Class A common stock 78.1K $20.59 Direct F1, F7
transaction TW Stock Option (Right to Buy) Options Exercise $0 -64.2K -5.34% $0.00 1.14M Jun 16, 2021 Class A common stock 64.2K $20.59 Direct F1, F7
transaction TW Stock Option (Right to Buy) Options Exercise $0 -87.2K -7.67% $0.00 1.05M Jun 17, 2021 Class A common stock 87.2K $20.59 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2021.
F2 This amount includes (i) 298,526 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on January 1, 2022, (ii) 34,302 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 17, 2022 and March 17, 2023, (iii) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 29,665 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2021, in each case subject to the reporting person's continued employment through the applicable vesting date.
F3 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $85.08, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3, 4 and 5 to this Form 4.
F4 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $85.29, inclusive.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $85.09, inclusive.
F6 The reporting person owns these securities through The Lee Olesky 2019 Family Trust U/A/D March 21, 2019 ("The Family Trust"). The reporting person and his wife, as the co-trustees of The Family Trust, share the power to vote and invest the securities, but each disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein.
F7 The option is fully vested and exercisable as of the date hereof.