Scott Zucker - Jan 3, 2022 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Signature
/s/ Scott Zucker
Stock symbol
TW
Transactions as of
Jan 3, 2022
Transactions value $
-$2,569,987
Form type
4
Date filed
1/5/2022, 07:29 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Tax liability -$1.21M -12.1K -20.3% $100.14 47.4K Jan 3, 2022 Direct F1, F2
transaction TW Class A common stock Award $0 +209 +0.44% $0.00 47.6K Jan 3, 2022 Direct F2, F3
transaction TW Class A common stock Sale -$203K -2.2K -4.61% $92.48 45.4K Jan 4, 2022 Direct F2, F4, F5
transaction TW Class A common stock Sale -$737K -7.88K -17.33% $93.56 37.6K Jan 4, 2022 Direct F2, F4, F6
transaction TW Class A common stock Sale -$391K -4.16K -11.07% $94.09 33.4K Jan 4, 2022 Direct F2, F4, F7
transaction TW Class A common stock Sale -$9.51K -100 -0.3% $95.05 33.3K Jan 4, 2022 Direct F2, F4
transaction TW Class A common stock Sale -$19.3K -200 -0.6% $96.32 33.1K Jan 4, 2022 Direct F2, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") held by the reporting person.
F2 This amount includes (i) 6,003 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, (ii) 18,008 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iii) 5,090 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 Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.
F4 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2021.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.95 to $92.94, 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 5, 6, 7 and 8 to this Form 4.
F6 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.98 to $93.95, inclusive.
F7 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.98 to $94.35, inclusive.
F8 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.28 to $96.35, inclusive.