Douglas Friedman - Feb 24, 2022 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
General Counsel and Secretary
Signature
/s/ Scott Zucker, Attorney-in-Fact for Douglas Friedman
Stock symbol
TW
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 05:06 PM
Previous filing
Jan 5, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Award $0 +10.2K +31.71% $0.00 42.3K Feb 24, 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 +36.2K $0.00 36.2K Feb 24, 2022 Class A common stock 36.2K $20.59 Direct F3, F4
* 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) 6,003 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, (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, and (iv) 10,180 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.