Robert J. Warshaw - 15 Jun 2021 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
Chief Financial Officer
Signature
/s/ Scott Zucker, Attorney-in-Fact for Robert Warshaw
Issuer symbol
TW
Transactions as of
15 Jun 2021
Net transactions value
-$1,223,136
Form type
4
Filing time
17 Jun 2021, 20:24:19 UTC
Next filing
22 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Options Exercise $225,563 +10,955 +17% $20.59 74,779 15 Jun 2021 Direct F1, F2
transaction TW Class A common stock Sale $931,286 -10,955 -15% $85.01 63,824 15 Jun 2021 Direct F1, F2, F3
transaction TW Class A common stock Options Exercise $137,953 +6,700 +10% $20.59 70,524 16 Jun 2021 Direct F1, F2
transaction TW Class A common stock Sale $570,102 -6,700 -9.5% $85.09 63,824 16 Jun 2021 Direct F1, F2, F4
transaction TW Class A common stock Options Exercise $27,241 +1,323 +2.1% $20.59 65,147 17 Jun 2021 Direct F1, F2
transaction TW Class A common stock Sale $112,505 -1,323 -2% $85.04 63,824 17 Jun 2021 Direct F1, F2, F5

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 -10,955 -28% $0.000000 28,320 15 Jun 2021 Class A common stock 10,955 $20.59 Direct F1, F6
transaction TW Stock Option (Right to Buy) Options Exercise $0 -6,700 -24% $0.000000 21,620 16 Jun 2021 Class A common stock 6,700 $20.59 Direct F1, F6
transaction TW Stock Option (Right to Buy) Options Exercise $0 -1,323 -6.1% $0.000000 20,297 17 Jun 2021 Class A common stock 1,323 $20.59 Direct F1, F6
* 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 March 15, 2021.
F2 This amount includes (i) 22,004 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) 6,989 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) 20,966 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 5,865 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 employed 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 $85.00 to $85.06, 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 $85.00 to $85.30, inclusive.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.13, inclusive.
F6 This option is fully vested and exercisable as of the date hereof.