Renata Caine - 01 Jul 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
Issuer symbol
MQ
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
08 Jul 2021, 20:39:09 UTC
Previous filing
15 Jun 2021
Next filing
04 Oct 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
transaction MQ Restricted Stock Units Options Exercise $0 -3,125 -9.1% $0.000000 31,250 01 Jul 2021 Class B Common Stock 3,125 Direct F1, F2, F3
transaction MQ Class B Common Stock Options Exercise $0 +3,125 +0.64% $0.000000 488,228 01 Jul 2021 Class A Common Stock 3,125 Direct F3
transaction MQ Class B Common Stock Tax liability $0 -1,081 -0.22% $0.000000 487,147 01 Jul 2021 Class A Common Stock 1,081 $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