Lee Olesky - 09 Sep 2021 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
Chief Executive Officer, Director
Signature
/s/ Scott Zucker, Attorney-in-Fact for Lee Olesky
Issuer symbol
TW
Transactions as of
09 Sep 2021
Net transactions value
-$6,841
Form type
4
Filing time
13 Sep 2021, 20:17:54 UTC
Previous filing
08 Sep 2021
Next filing
02 Nov 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 $2,059 +100 +0.02% $20.59* 473,557 09 Sep 2021 Direct F1, F2
transaction TW Class A common stock Sale $8,900 -100 -0.02% $89.00 473,457 09 Sep 2021 Direct F1, F2
holding TW Class A common stock 20,000 09 Sep 2021 See footnote F3

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 -100 -0.01% $0.000000 716,679 09 Sep 2021 Class A common stock 100 $20.59 Direct F1, F4
* 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 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.
F4 The option is fully vested and exercisable as of the date hereof.