Renata Caine - 03 Jan 2022 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
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 17:20:06 UTC
Previous filing
22 Nov 2021
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 Conversion of derivative security $0 +1,844 +62% $0.000000 4,813 03 Jan 2022 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 -3,125 -11% $0.000000 25,000 03 Jan 2022 Class B Common Stock 3,125 Direct F2, F3
transaction MQ Class B Common Stock Options Exercise $0 +3,125 +0.64% $0.000000 491,430 03 Jan 2022 Class A Common Stock 3,125 Direct F1
transaction MQ Class B Common Stock Tax liability $0 -1,281 -0.26% $0.000000 490,149 03 Jan 2022 Class A Common Stock 1,281 Direct F1, F4
transaction MQ Class B Common Stock Conversion of derivative security $0 -1,844 -0.38% $0.000000 488,305 03 Jan 2022 Class A Common Stock 1,844 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit is convertible into one share of Class B Common Stock.
F3 The units vest in sixteen quarterly installments after January 1, 2020, subject to the Reporting Person's continued service with the Issuer.
F4 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