Sara Furber - Mar 15, 2023 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Signature
/s/ Scott Zucker, Attorney-in-Fact for Sara Furber
Stock symbol
TW
Transactions as of
Mar 15, 2023
Transactions value $
-$715,653
Form type
4
Date filed
3/17/2023, 04:05 PM
Previous filing
Feb 28, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Award $0 +18.7K +24.89% $0.00 93.8K Mar 15, 2023 Direct F1, F2
transaction TW Class A common stock Sale -$716K -9.82K -10.48% $72.85 83.9K Mar 16, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2023.
F2 This amount includes (i) 16,672 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2023, (ii) 4,948 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2024, (iii) 3,619 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2025, (iv) 8,540 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, (v) 9,155 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (vi) 17,741 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, and (vii) 18,688 unvested RSUs in respect of Class A Common Stock which are scheduled to vest as described in footnote 1 of this Form 4, in each case subject to the reporting person's continued employment through the applicable vesting date.
F3 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2023.
F4 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.86 to $74.23, inclusive. The reporting person undertakes to provide 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.