Christopher McKay - Oct 19, 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role: Director, 10%+ Owner
Signature: /s/ Christine Paster, Attorney-in-Fact
Stock symbol: MQ
Transactions as of: Oct 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/10/2022, 06:35 PM
Previous filing: Jun 15, 2021
Next filing: May 31, 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	+121K		$0.00	121K	Oct 19, 2021	See Footnote	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	Conversion of derivative security	$0	-121K	-100%	$0.00^*	0	Oct 19, 2021	Class A Common Stock	121K		See Footnote	F1, F2
holding	MQ	Class B Common Stock						434K	Oct 19, 2021	Class A Common Stock	434K		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F3
holding	MQ	Class B Common Stock						53.8M	Oct 19, 2021	Class A Common Stock	53.8M		By Granite Ventures II, L.P.	F1, F3

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

Explanation of Responses:

Id	Content
F1	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.
F2	The shares are held of record by Christopher McKay and Sarah McKay as trustees of the McKay Family Trust, dated August 12, 2020.
F3	Granite Management II, LLC is the general partner of Granite Ventures II, L.P. and Granite Ventures Entrepreneurs Fund II, L.P. The Reporting Person is one of several managing directors of Granite Management II, LLC and as such may be deemed to have voting and investment power with respect to such shares. Granite Ventures LLC is the managing member of Granite Management II, LLC. Granite Ventures LLC through Granite Management II, LLC has sole voting and dispositive 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.