Randall F. Kern - 10 Nov 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Product and Technology Officer
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
10 Nov 2023
Transactions value $
-$855,292
Form type
4
Filing time
14 Nov 2023, 17:15:34 UTC
Previous filing
06 Sep 2023
Next filing
05 Dec 2023
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 Options Exercise $740K +182K +196.8% $4.07 274K 10 Nov 2023 Direct
transaction MQ Class A Common Stock Sale -$1.06M -182K -66.31% $5.82 92.3K 10 Nov 2023 Direct F1
transaction MQ Class A Common Stock Sale -$538K -92.3K -100% $5.82 0 10 Nov 2023 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 Stock Option (Right to Buy) Options Exercise $0 -182K -19.44% $0.00 753K 10 Nov 2023 Class A Common Stock 182K $4.07 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.73 to $5.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.73 to $5.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 One-thirty-sixth (1/36th) of the stock option vested 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.

Remarks:

Chief Product and Technology Officer