Michael Milotich - 01 Mar 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 15:55:35 UTC
Prior SEC filing
24 May 2022
Next SEC filing
17 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tracy Foard, Attorney-in-Fact

Key filing fact

Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 03 Mar 2023.

Key facts

  • This page summarizes Michael Milotich's Form 4 filing for Marqeta, Inc. (MQ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Mar 2023, 15:55.

Change

  • Previous filing in this sequence was filed on 24 May 2022.
  • Current net transaction value: -$336,596.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MQ transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+216,305
Change %
Price
$0.000000
Shares after
216,305
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1
MQ transaction

Class A Common Stock

Tax liability

Transaction value
$336,596
Shares
-74,799
Change %
-35%
Price
$4.50
Shares after
141,506
Date
01 Mar 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-216,305
Change %
-25%
Price
$0.000000
Shares after
648,914
Date
01 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
216,305
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.

Footnote F2

Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.

Footnote F3

Each restricted stock unit is convertible into one share of Class A Common Stock.

Footnote F4

One-fourth (1/4th) of the restricted stock units granted on March 15, 2022 and May 21, 2022 vest on March 1, 2023, 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.

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