Michael Milotich - Mar 15, 2023 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
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 05:19 PM
Previous filing
Mar 3, 2023
Next filing
Jun 5, 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 +285K +43.93% $0.00 934K Mar 15, 2023 Class A Common Stock 285K Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +561K $0.00 561K Mar 15, 2023 Class A Common Stock 561K $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-twelfth (1/12th) of the restricted stock units vest on June 1, 2023, and an additional one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
F3 One-thirty-sixth (1/36th) of the stock option vests 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.