Thomas Pluta - 15 Mar 2024 Form 4 Insider Report for Tradeweb Markets Inc. (TW)

Role
President, Director
Signature
/s/ Douglas Friedman, Attorney-in-Fact for Thomas Pluta
Issuer symbol
TW
Transactions as of
15 Mar 2024
Net transactions value
-$564,054
Form type
4
Filing time
19 Mar 2024, 18:52:24 UTC
Previous filing
12 Feb 2024
Next filing
08 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TW Class A common stock Award $0 +13,854 +15% $0.000000 104,860 15 Mar 2024 Direct F1, F2
transaction TW Class A common stock Tax liability $564,054 -5,433 -5.2% $103.82 99,427 18 Mar 2024 Direct F2, F3
transaction TW Class A common stock Award $0 +35 +0.04% $0.000000 99,462 18 Mar 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction is an award of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock"). Subject to the reporting person's continued employment through the applicable vesting date, these RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2024.
F2 This amount includes (i) 19,647 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2025 and March 15, 2026, (ii) 53,429 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2026, and (iii) 13,854 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2025, March 15, 2026 and March 15, 2027, in each case, subject to the reporting person's continued employment through the applicable vesting date.
F3 Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of RSUs in respect of of Class A Common Stock held by the reporting person.
F4 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.