Michael Milotich - Mar 15, 2022 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Financial 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, 04:42 PM
Previous filing
Mar 2, 2022
Next filing
May 24, 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 +815K $0.00 815K Mar 15, 2022 Class A Common Stock 815K $8.72 Direct F1
transaction MQ Restricted Stock Units Award $0 +459K $0.00 459K Mar 15, 2022 Class A Common Stock 459K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the stock option vests on March 15, 2023 and the remaining shares subject to the stock option vest in equal monthly installments over the three years thereafter, 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 Twenty-five percent (25%) of the restricted stock units vest on March 15, 2023 and 1/16th of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.