Renata Caine - Jul 1, 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Senior Vice President of International, Strategy, and Planning
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/8/2021, 08:39 PM
Previous filing
Jun 15, 2021
Next filing
Oct 4, 2021

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 Restricted Stock Units Options Exercise $0 -3.13K -9.09% $0.00 31.3K Jul 1, 2021 Class B Common Stock 3.13K Direct F1, F2, F3
transaction MQ Class B Common Stock Options Exercise $0 +3.13K +0.64% $0.00 488K Jul 1, 2021 Class A Common Stock 3.13K Direct F3
transaction MQ Class B Common Stock Tax liability $0 -1.08K -0.22% $0.00 487K Jul 1, 2021 Class A Common Stock 1.08K $28.10 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into one share of Class B Common Stock.
F2 The units vest in sixteen quarterly installments after January 1, 2020, subject to the Reporting Person's continued service with the Issuer.
F3 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.
F4 Represents shares that were withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale by the Reporting Person.

Remarks:

Senior Vice President of International, Strategy, and Planning