Lee Olesky - 16 Mar 2022 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Signature
/s/ Scott Zucker, Attorney-in-Fact for Lee Olesky
Issuer symbol
TW
Transactions as of
16 Mar 2022
Net transactions value
-$478,155
Form type
4
Filing time
18 Mar 2022, 19:52:47 UTC
Previous filing
17 Mar 2022
Next filing
21 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Tax liability $478,155 -5,469 -2.1% $87.43 259,792 16 Mar 2022 Direct F1, F2
transaction TW Class A common stock Award $0 +16 +0.01% $0.000000 259,808 16 Mar 2022 Direct F2, F3
holding TW Class A common stock 20,000 16 Mar 2022 See footnote F4
* 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) 17,151 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 17, 2023, (ii) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 19,777 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 15, 2023 and March 15, 2024, (iv) 59,330 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, and (v) 31,000 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on the first, second and third anniversaries of March 15, 2022, 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 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.