Simon Maisey - 24 Feb 2022 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Managing Director, Corp. Dev.
Signature: /s/ Scott Zucker, Attorney-in-Fact for Simon Maisey
Issuer symbol: TW
Transactions as of: 24 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 25 Feb 2022, 16:56:31 UTC
Previous filing: 17 Feb 2022
Next filing: 17 Mar 2022
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	Award	$0	+11,650	+21%	$0.000000	66,574	24 Feb 2022	Direct	F1, F2

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)	Award	$0	+45,290	+56%	$0.000000	126,318	24 Feb 2022	Class A common stock	45,290	$20.59	Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2021, subject to the achievement of certain performance goals in respect of calendar year 2021. Those performance goals were deemed achieved at the maximum performance level on February 24, 2022. These RSUs remain unvested and are scheduled to vest on January 1, 2024, subject to the reporting person's continued employment through such date.
F2	This amount includes (i) 6,860 unvested RSUs in respect of the issuer's Class A Common Stock which are scheduled to vest in equal installments on each of March 17, 2022 and March 17, 2023, (ii) 20,580 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 5,825 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, and (iv) 11,650 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, in each case subject to the reporting person's continued employment through the applicable vesting date.
F3	The reported transaction reflects the acquisition of options that were granted to the reporting person on October 26, 2018, subject to the achievement of certain performance goals in respect of calendar year 2021 which were deemed achieved on February 24, 2022.
F4	The option is fully vested and exercisable as of the date hereof.
F5	This amount reflects the options reported on this Form 4 in addition to 81,028 options that were granted on October 26, 2018 and previously reported by the reporting person, all of which are currently vested and exercisable.