Renata Caine - 01 Oct 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Senior Vice President of International, Strategy, and Planning
Signature
/s/ Christine Paster, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
01 Oct 2021
Net transactions value
-$23,663
Form type
4
Filing time
04 Oct 2021, 17:56:53 UTC
Previous filing
08 Jul 2021
Next filing
22 Nov 2021
SEC
View on sec.gov

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 -3,125 -10% $0.000000 28,125 01 Oct 2021 Class B Common Stock 3,125 Direct F1, F2, F3
transaction MQ Class B Common Stock Options Exercise $0 +3,125 +0.64% $0.000000 491,430 01 Oct 2021 Class A Common Stock 3,125 Direct F3, F4
transaction MQ Class B Common Stock Tax liability $23,663 -1,081 -0.22% $21.89 490,349 01 Oct 2021 Class A Common Stock 1,081 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into one share of Class B Common Stock.
F2 The units vest in sixteen quarterly installments after January 1, 2020, subject to the Reporting Person's continued service with the Issuer.
F3 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.
F4 Includes 1,158 shares of Class B Common Stock that were properly reported on the Reporting Person's Form 4 filed June 8, 2021 but were not included on the Reporting Person's Form 4s filed June 11, 2021 and July 1, 2021 as the result of a scrivener's error.
F5 Represents shares that were withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale by the Reporting Person.

Remarks:

Senior Vice President of International, Strategy, and Planning