Martha Cummings - 13 Jun 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Director
Signature
/s/ Christine Paster, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
13 Jun 2024
Net transactions value
$0
Form type
4
Filing time
17 Jun 2024, 18:28:58 UTC
Previous filing
12 Dec 2023
Next filing
27 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +40,241 +212% $0.000000 59,241 13 Jun 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MQ Restricted Stock Units Options Exercise $0 -40,241 -100% $0.000000* 0 13 Jun 2024 Class A Common Stock 40,241 Direct F1, F2, F3
transaction MQ Restricted Stock Units Award $0 +38,387 $0.000000 38,387 13 Jun 2024 Class A Common Stock 38,387 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F2 Each restricted stock unit is convertible into one share of Class B Common Stock.
F3 Restricted stock units granted on June 22, 2023, the date of the Issuer's 2023 Annual Meeting of Stockholders, that vested in full on June 13, 2024, the date of the Issuer's 2024 Annual Meeting of Stockholders.
F4 All of the shares vest in full on the earlier of (i) June 13, 2025 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services.