Enrico Bruni - Dec 16, 2021 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Signature
/s/ Scott Zucker, Attorney-in-Fact for Enrico Bruni
Stock symbol
TW
Transactions as of
Dec 16, 2021
Transactions value $
-$7,000,655
Form type
4
Date filed
12/20/2021, 07:00 PM
Next filing
Dec 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 $1.77M +85.8K +86.52% $20.59* 185K Dec 16, 2021 Direct F1, F2
transaction TW Class A common stock Sale -$4.67M -49.5K -26.75% $94.28 135K Dec 16, 2021 Direct F1, F2, F3
transaction TW Class A common stock Sale -$3.02M -31.7K -23.4% $95.21 104K Dec 16, 2021 Direct F1, F2, F4
transaction TW Class A common stock Sale -$442K -4.61K -4.44% $95.87 99.2K Dec 16, 2021 Direct F1, F2, F5
transaction TW Class A common stock Options Exercise $177K +8.61K +8.68% $20.59* 108K Dec 17, 2021 Direct F1, F2
transaction TW Class A common stock Sale -$818K -8.61K -7.99% $95.03 99.2K Dec 17, 2021 Direct F1, F2, 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 -85.8K -42.64% $0.00 115K Dec 16, 2021 Class A common stock 85.8K $20.59 Direct F1, F7
transaction TW Stock Option (Right to Buy) Options Exercise $0 -8.61K -7.46% $0.00 107K Dec 17, 2021 Class A common stock 8.61K $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 November 16, 2021.
F2 This amount includes (i) 44,004 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) 10,719 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) 32,158 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 9,439 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 reported in Column 4 is a weighted average price. These shares were sole in multiple transactions at prices ranging from $93.63 to 94.62, 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 sole at each separate price within the ranges set forth in footnotes 3, 4, 5, and 6 to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $94.63 to $95.59, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $95.64 to $96.04, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $95.00 to $95.15, inclusive.
F7 The option is fully vested and exercisable as of the date hereof.