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

Role
Director
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Jun 13, 2024
Transactions value $
-$12,582
Form type
4
Date filed
6/17/2024, 06:31 PM
Previous filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +40.2K $0.00 40.2K Jun 13, 2024 Direct F1
transaction MQ Class A Common Stock Tax liability -$12.6K -2.42K -6% $5.21 37.8K Jun 13, 2024 Direct F2

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 -40.2K -100% $0.00* 0 Jun 13, 2024 Class A Common Stock 40.2K Direct F1, F3, F4
transaction MQ Restricted Stock Units Award $0 +38.4K $0.00 38.4K Jun 13, 2024 Class A Common Stock 38.4K Direct F3, F5
* 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 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
F3 Each restricted stock unit is convertible into one share of Class A Common Stock.
F4 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.
F5 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.