Randall F. Kern - 15 Mar 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Technology Officer
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
15 Mar 2023
Transactions value $
$0
Form type
4
Date filed
17 Mar 2023, 17:21
Previous filing
03 Mar 2023
Next filing
05 Jun 2023
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 Award $0 +475K +487.99% $0.00 572K 15 Mar 2023 Class A Common Stock 475K Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +934K $0.00 934K 15 Mar 2023 Class A Common Stock 934K $4.07 Direct F3
* 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 A Common Stock.
F2 One-twelfth (1/12th) of the restricted stock units vest on June 1, 2023, and an additional one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
F3 One-thirty-sixth (1/36th) of the stock option vests on April 15, 2023, and an additional one-thirty-sixth (1/36th) of the stock option vests on the 15th of each month thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.