Seth R. Weissman - 01 Dec 2022 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Legal Officer, General Counsel and Secretary
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
01 Dec 2022
Net transactions value
-$10,859
Form type
4
Filing time
05 Dec 2022, 15:56:14 UTC
Previous filing
06 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +4,707 +55% $0.000000 13,236 01 Dec 2022 Direct F1
transaction MQ Class A Common Stock Tax liability $10,859 -1,628 -12% $6.67 11,608 01 Dec 2022 Direct 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 Restricted Stock Units Options Exercise $0 -4,707 -7.7% $0.000000 56,480 01 Dec 2022 Class A Common Stock 4,707 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
F3 Each restricted stock unit is convertible into one share of Class A Common Stock.
F4 One-sixteenth (1/16th) of the restricted stock units vested on March 21, 2022, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Remarks:

Chief Legal Officer, General Counsel and Secretary