Crystal Sumner - 01 Mar 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Administrative Officer and Corporate Secretary
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
01 Mar 2024
Net transactions value
-$275,834
Form type
4
Filing time
05 Mar 2024, 18:12:24 UTC
Previous filing
17 Mar 2023
Next filing
19 Mar 2024
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 +109,274 $0.000000 109,274 01 Mar 2024 Direct F1
transaction MQ Class A Common Stock Tax liability $275,834 -43,099 -39% $6.40 66,175 01 Mar 2024 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 -109,274 -25% $0.000000 327,822 01 Mar 2024 Class A Common Stock 109,274 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-fourth (1/4th) of the restricted stock units vest on March 1, 2024, 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 Administrative Officer and Corporate Secretary