Crystal Sumner - 15 Mar 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Legal Officer, General Counsel and Corporate Secretary
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
17 Mar 2023, 17:25:08 UTC
Previous filing
23 Feb 2023
Next filing
05 Mar 2024
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 +437,096 $0.000000 437,096 15 Mar 2023 Class A Common Stock 437,096 Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +856,451 $0.000000 856,451 15 Mar 2023 Class A Common Stock 856,451 $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-fourth (1/4th) of the restricted stock units vest on March 1, 2024, 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.
F3 One-fourth (1/4th) of the stock option vests on February 13, 2024, and an additional one-forty-eighth (1/48th) of the stock option vests on the 13th of each month thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Remarks:

Chief Legal Officer, General Counsel and Corporate Secretary