Philip Faix - Jun 11, 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role: Chief Financial Officer
Signature: /s/ Seth Weissman, Attorney-in-Fact
Stock symbol: MQ
Transactions as of: Jun 11, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/15/2021, 06:08 PM
Previous filing: Jun 8, 2021
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MQ	Common Stock	Other		-80K	-100%		0	Jun 11, 2021	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	MQ	Class B Common Stock	Other	$0	+80K		$0.00	80K	Jun 11, 2021	Class A Common Stock	80K		Direct	F1, F2
transaction	MQ	Stock Option (Right to Buy)	Other	$0	-2.6M	-100%	$0.00^*	0	Jun 11, 2021	Common Stock	2.6M	$0.40	Direct	F1, F3
transaction	MQ	Stock Option (Right to Buy)	Other	$0	+2.6M		$0.00	2.6M	Jun 11, 2021	Class B Common Stock	2.6M	$0.40	Direct	F1, F2, F3
transaction	MQ	Stock Option (Right to Buy)	Other	$0	-450K	-100%	$0.00^*	0	Jun 11, 2021	Common Stock	450K	$2.25	Direct	F1, F4
transaction	MQ	Stock Option (Right to Buy)	Other	$0	+450K		$0.00	450K	Jun 11, 2021	Class B Common Stock	450K	$2.25	Direct	F1, F2, F4
transaction	MQ	Stock Option (Right to Buy)	Other	$0	-486K	-100%	$0.00^*	0	Jun 11, 2021	Common Stock	486K	$10.48	Direct	F1, F5
transaction	MQ	Stock Option (Right to Buy)	Other	$0	+486K		$0.00	486K	Jun 11, 2021	Class B Common Stock	486K	$10.48	Direct	F1, F2, F5
transaction	MQ	Stock Option (Right to Buy)	Other	$0	-150K	-100%	$0.00^*	0	Jun 11, 2021	Common Stock	150K	$10.48	Direct	F1, F6
transaction	MQ	Stock Option (Right to Buy)	Other	$0	+150K		$0.00	150K	Jun 11, 2021	Class B Common Stock	150K	$10.48	Direct	F1, F2, F6

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

Explanation of Responses:

Id	Content
F1	Immediately prior to the closing 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 was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7 and Rule 16b-3.
F2	Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.
F3	The stock option vested with respect to 25% of the shares on August 13, 2019 and vests in 36 additional monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.
F4	The stock option vests in 48 monthly installments after April 1, 2020, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.
F5	The stock option shall vest with respect to 50% of the shares on January 1, 2023, and shall vest in 24 additional monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.
F6	The stock option vests in 48 monthly installments after January 1, 2021, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.