Lee Olesky - Mar 20, 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 20, 2023
Transactions value $: -$711,754
Form type: 4
Date filed: 3/22/2023, 05:00 PM
Previous filing: Mar 20, 2023
Next filing: Mar 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TW	Class A common stock	Tax liability	-$712K	-9.49K	-3.24%	$75.04	283K	Mar 20, 2023	Direct	F1, F2
transaction	TW	Class A common stock	Award	$0	+98	+0.03%	$0.00	283K	Mar 20, 2023	Direct	F2, F3
holding	TW	Class A common stock						20K	Mar 20, 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) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 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, (iv) 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, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 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.