Philip Faix - Dec 29, 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Financial Officer
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Dec 29, 2021
Transactions value $
$0
Form type
4
Date filed
1/3/2022, 06:06 PM
Previous filing
Jun 15, 2021

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 Stock Option (Right to Buy) Options Exercise $0 -8K -0.31% $0.00 2.59M Dec 29, 2021 Class B Common Stock 8K $0.40 Direct F1, F2
transaction MQ Class B Common Stock Options Exercise $0 +8K +10% $0.00 88K Dec 29, 2021 Class A Common Stock 8K See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vested with respect to 25% of the shares on August 13, 2019 and vests in 36 additional monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.
F3 Since the Reporting Person's last filing, 80,000 shares were transferred to the Faix Family Trust, dated February 28, 2017, for which the Reporting Person serves as co-trustee with his spouse.