Sara Furber - Apr 3, 2023 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
Chief Financial Officer
Signature
/s/ Scott Zucker, Attorney-in-Fact for Sara Furber
Stock symbol
TW
Transactions as of
Apr 3, 2023
Transactions value $
-$667,511
Form type
4
Date filed
4/5/2023, 04:14 PM
Previous filing
Mar 22, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Tax liability -$668K -8.51K -10.73% $78.42 70.9K Apr 3, 2023 Direct F1, F2
transaction TW Class A common stock Award $0 +50 +0.07% $0.00 70.9K Apr 3, 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) 4,948 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2024, (ii) 3,619 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on March 31, 2025, (iii) 8,540 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2024, (iv) 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, (v) 17,741 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, and (vi) 18,688 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.