Seth R. Weissman - Nov 29, 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Legal Officer, General Counsel, and Secretary
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Nov 29, 2021
Transactions value $
-$1,437,098
Form type
4
Date filed
12/1/2021, 04:47 PM
Previous filing
Jun 15, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Conversion of derivative security $0 +70K $0.00 70K Nov 29, 2021 Direct
transaction MQ Class A Common Stock Sale -$1.35M -66.2K -94.52% $20.48 3.84K Nov 29, 2021 Direct F1, F2
transaction MQ Class A Common Stock Sale -$80.1K -3.74K -97.4% $21.43 100 Nov 29, 2021 Direct F1, F3
transaction MQ Class A Common Stock Sale -$2.23K -100 -100% $22.30 0 Nov 29, 2021 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -70K -4.94% $0.00 1.35M Nov 29, 2021 Class B Common Stock 70K $1.46 Direct F4, F5
transaction MQ Class B Common Stock Options Exercise $0 +70K +102.2% $0.00 138K Nov 29, 2021 Class A Common Stock 70K Direct F5
transaction MQ Class B Common Stock Conversion of derivative security $0 -70K -50.54% $0.00 68.5K Nov 29, 2021 Class A Common Stock 70K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a previously adopted Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.04 to $20.93, inclusive. The Reporting Person undertakes to provide to 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 this footnote to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.17 to $21.74, inclusive. The Reporting Person undertakes to provide to 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 this footnote to this Form 4.
F4 The stock option vested with respect to 25% of the shares on April 29, 2020 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.
F5 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.

Remarks:

Chief Legal Officer, General Counsel, and Secretary