Justin Peterson - Jun 9, 2022 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
Chief Technology Officer
Signature
s/ Scott Zucker, Attorney-in-Fact for Justin Peterson
Stock symbol
TW
Transactions as of
Jun 9, 2022
Transactions value $
-$481,436
Form type
4
Date filed
6/10/2022, 05:34 PM
Previous filing
Mar 23, 2022
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Options Exercise $206K +10K +15.82% $20.59* 73.2K Jun 9, 2022 Direct F1, F2
transaction TW Class A common stock Sale -$610K -8.88K -12.13% $68.68 64.3K Jun 9, 2022 Direct F1, F2, F3
transaction TW Class A common stock Sale -$77.3K -1.12K -1.74% $69.13 63.2K Jun 9, 2022 Direct F1, F2, F4

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 -10K -10.15% $0.00 88.6K Jun 9, 2022 Class A common stock 10K $20.59 Direct F1, F5
* 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 May 10, 2022.
F2 This amount includes (i) 4,288 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 March 17, 2023, (ii) 25,726 RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, (iii) 6,742 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) 14,832 RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, and (v) 9,613 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 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.07 to $69.06, 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 3 and 4 to this Form 4.
F4 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.08 to $69.19, inclusive.
F5 The option is fully vested and exercisable as of the date hereof.