GRANITE VENTURES LLC - 08 Jun 2021 Form 3 Insider Report for Marqeta, Inc. (MQ)

Role: 10%+ Owner
Signature: GRANITE MANAGEMENT II, LLC. By, Granite Ventures, LLC, its Managing Member., By: /s/ Jacqueline Berterretche, Jacqueline Berterretche, Managing Director
Issuer symbol: MQ
Transactions as of: 08 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 08 Jun 2021, 17:53:16 UTC
Next filing: 15 Jun 2021
SEC: View on sec.gov

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
holding	MQ	Series A Preferred Stock							08 Jun 2021	Common Stock	43,452,705		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series B Preferred Stock							08 Jun 2021	Common Stock	6,732,210		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series C Preferred Stock							08 Jun 2021	Common Stock	2,813,316		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series D Preferred Stock							08 Jun 2021	Common Stock	829,647		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series A Preferred Stock							08 Jun 2021	Common Stock	355,695		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3
holding	MQ	Series B Preferred Stock							08 Jun 2021	Common Stock	55,095		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3
holding	MQ	Series C Preferred Stock							08 Jun 2021	Common Stock	23,028		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Each share of Preferred Stock shall automatically convert on a one-for-one basis into Common Stock immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F2	Immediately prior to the completion of the Issuer's initial public offering and following the conversion of each series of the Issuer's Preferred Stock into Common Stock, each share of Common Stock shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock.
F3	Granite Management II, LLC is the general partner of Granite Ventures II, L.P. and Granite Ventures Entrepreneurs Fund II, L.P. Granite Ventures LLC is the managing member of Granite Management II, LLC. Granite Ventures LLC through Granite Management II, LLC has sole voting and disposition power over shares held by Granite Ventures II L.P. and Granite Ventures Entrepreneurs Fund II, L.P. Standish O'Grady, Jacqueline Berterretche and Christopher McKay are managing directors of the general partner entities of these funds that directly hold shares and as such Mr. O'Grady, Ms. Berterretche and Mr. McKay may be deemed to have voting and dispositive power with respect to such shares.