William Hult - Feb 9, 2024 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role: Chief Executive Officer, Director
Signature: /s/ Douglas Friedman, Attorney-in-Fact for William Hult
Stock symbol: TW
Transactions as of: Feb 9, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/12/2024, 04:25 PM
Previous filing: Jan 8, 2024
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TW	Class A common stock	Award	$0	+78.2K	+58.7%	$0.00	211K	Feb 9, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2023, subject to the achievement of certain performance goals in respect of calendar year 2023. The level of achievement of those performance goals was determined on February 9, 2024. These RSUs remain unvested and are scheduled to vest on January 1, 2026, subject to the reporting person's continued employment through such date.
F2	This amount includes (i) 8,281 unvested RSUs in respect of the Class A Common Stock that are scheduled to vest on March 15, 2024, (ii) 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, (iii) 31,268 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, and (iv) 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.

Content

The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 15, 2023, subject to the achievement of certain performance goals in respect of calendar year 2023. The level of achievement of those performance goals was determined on February 9, 2024. These RSUs remain unvested and are scheduled to vest on January 1, 2026, subject to the reporting person's continued employment through such date.

This amount includes (i) 8,281 unvested RSUs in respect of the Class A Common Stock that are scheduled to vest on March 15, 2024, (ii) 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, (iii) 31,268 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2025, and (iv) 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.