Michael Milotich - May 21, 2022 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Financial Officer
Signature
/s/ Tracy Foard, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
May 21, 2022
Transactions value $
$0
Form type
4
Date filed
5/24/2022, 05:44 PM
Previous filing
Mar 17, 2022
Next filing
Mar 3, 2023

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 +407K $0.00 407K May 21, 2022 Class A Common Stock 407K Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +687K $0.00 687K May 21, 2022 Class A Common Stock 687K $9.84 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 Twenty-five percent (25%) of the restricted stock units vest on March 1, 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.
F3 Twenty-five percent (25%) of the shares subject to the stock option vests on February 22, 2023, and the remaining shares subject to the 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.