William Hult - Mar 16, 2023 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
Chief Executive Officer, Director
Signature
/s/ Scott Zucker, Attorney-in-Fact for William Hult
Stock symbol
TW
Transactions as of
Mar 16, 2023
Transactions value $
-$694,864
Form type
4
Date filed
3/20/2023, 07:05 PM
Previous filing
Mar 17, 2023
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Tax liability -$695K -9.37K -4.68% $74.19 191K Mar 16, 2023 Direct F1, F2
transaction TW Class A common stock Award $0 +48 +0.03% $0.00 191K Mar 16, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") held by the reporting person.
F2 This amount includes (i) 14,364 unvested RSUs in respect of the Class A Common Stock that are scheduled to vest on March 17, 2023, (ii) 8,281 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on March 15, 2024, (iii) 49,688 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2024, (iv) 17,309 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (v) 31,268 unvested RSUs in respect of Class A Common Stock that are rescheduled to vest on January 1, 2025, and (vi) 43,128 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2024, March 15, 2025 and March 15, 2026, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F3 Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.