Key facts
- This page summarizes Michael Milotich's Form 4 filing for Marqeta, Inc. (MQ).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 05 Jun 2023, 17:23.
Michael Milotich - 01 Jun 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- MQ
- Reported as of
- 01 Jun 2023
- Net transaction value
- -$184,460
- SEC form
- 4
- Accepted by SEC
- 05 Jun 2023, 17:23:15 UTC
- Prior SEC filing
- 17 Mar 2023
- Next SEC filing
- 06 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tracy Foard, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 05 Jun 2023.
Change
- Previous filing in this sequence was filed on 17 Mar 2023.
- Current net transaction value: -$184,460.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +28,669
- Change %
- +20%
- Price
- $0.000000
- Shares after
- 170,175
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $67,948
- Shares
- -14,215
- Change %
- -8.4%
- Price
- $4.78
- Shares after
- 155,960
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +23,755
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 179,715
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $56,299
- Shares
- -11,778
- Change %
- -6.6%
- Price
- $4.78
- Shares after
- 167,937
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F2
MQ
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +25,406
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 193,343
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
MQ
transaction
Class A Common Stock
Tax liability
- Transaction value
- $60,214
- Shares
- -12,597
- Change %
- -6.5%
- Price
- $4.78
- Shares after
- 180,746
- Date
- 01 Jun 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
- -28,669
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 315,367
- Date
- 01 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,669
- Exercise price
- Footnotes
- F1, F3, F4, F5
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -23,755
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 261,307
- Date
- 01 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 23,755
- Exercise price
- Footnotes
- F1, F3, F4, F6
MQ
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -25,406
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 279,472
- Date
- 01 Jun 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,406
- Exercise price
- Footnotes
- F1, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 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
Restricted stock unit grants for the Reporting Person were previously reported on an aggregated basis. The restricted stock units have varying vesting schedules that necessitate reporting on a grant-by-grant basis going forward.
Footnote F4
Each restricted stock unit is convertible into one share of Class A Common Stock.
Footnote F5
One-fourth (1/4th) 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.
Footnote F6
One-twelfth (1/12th) of the restricted stock units vest on March 1, 2023, and one-twelfth (1/12th) of the remaining 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.