Randall F. Kern - Mar 15, 2022 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Technology Officer
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 04:45 PM
Previous filing
Jun 15, 2021
Next filing
Mar 23, 2022

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) Award $0 +391K $0.00 391K Mar 15, 2022 Class A Common Stock 391K $8.72 Direct F1
transaction MQ Restricted Stock Units Award $0 +142K $0.00 142K Mar 15, 2022 Class A Common Stock 142K Direct 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 vests in 48 monthly installments after January 1, 2022, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
F2 Each restricted stock unit is convertible into one share of Class A Common Stock.
F3 One-sixteenth (1/16th) of the restricted stock units vest on March 21, 2022, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.