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

Role
Director
Signature
/s/ Scott Zucker, Attorney-in-Fact for Lee Olesky
Stock symbol
TW
Transactions as of
Mar 16, 2023
Transactions value $
-$829,741
Form type
4
Date filed
3/20/2023, 07:05 PM
Previous filing
Feb 28, 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 -$830K -11.2K -3.68% $74.19 293K Mar 16, 2023 Direct F1, F2
transaction TW Class A common stock Award $0 +58 +0.02% $0.00 293K Mar 16, 2023 Direct F2, F3
holding TW Class A common stock 20K Mar 16, 2023 See footnote F4
* 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 Includes (i) 17,151 RSUs in respect of Class A Common Stock scheduled to vest on March 17, 2023, (ii) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (iii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iv) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (vi) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (vii) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vii) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement.
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.
F4 The reporting person owns these securities through The Lee Olesky 2019 Family Trust U/A/D March 21, 2019 ("The Family Trust"). The reporting person and his wife, as the co-trustees of The Family Trust, share the power to vote and invest the securities, but each disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein.