Michael Milotich - 03 Jun 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Reporting relationship: Chief Financial Officer
Issuer ticker: MQ
Reported as of: 03 Jun 2024
Net transaction value: -$307,442
SEC form: 4
Accepted by SEC: 05 Jun 2024, 17:20:11 UTC
Prior SEC filing: 19 Mar 2024
Next SEC filing: 04 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ Tracy Foard, Attorney-in-Fact

Key filing fact

Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 05 Jun 2024.

Key facts

This page summarizes Michael Milotich's Form 4 filing for Marqeta, Inc. (MQ).
12 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 05 Jun 2024, 17:20.

Change

Previous filing in this sequence was filed on 19 Mar 2024.
Current net transaction value: -$307,442.

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: +28,670
Change %: +9.3%
Price: $0.000000
Shares after: 337,958
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $67,962
Shares: -12,493
Change %: -3.7%
Price: $5.44
Shares after: 325,465
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +25,406
Change %: +7.8%
Price: $0.000000
Shares after: 350,871
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $58,964
Shares: -10,839
Change %: -3.1%
Price: $5.44
Shares after: 340,032
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +23,755
Change %: +7%
Price: $0.000000
Shares after: 363,787
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $54,411
Shares: -10,002
Change %: -2.7%
Price: $5.44
Shares after: 353,785
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +49,759
Change %: +14%
Price: $0.000000
Shares after: 403,544
Date: 03 Jun 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $126,105
Shares: -23,181
Change %: -5.7%
Price: $5.44
Shares after: 380,363
Date: 03 Jun 2024
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: -28,670
Change %: -13%
Price: $0.000000
Shares after: 200,688
Date: 03 Jun 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 28,670
Exercise price
Footnotes: F1, F3, F4

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -25,406
Change %: -12%
Price: $0.000000
Shares after: 177,846
Date: 03 Jun 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 25,406
Exercise price
Footnotes: F1, F3, F4

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -23,755
Change %: -12%
Price: $0.000000
Shares after: 166,287
Date: 03 Jun 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 23,755
Exercise price
Footnotes: F1, F3, F5

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -49,759
Change %: -8.3%
Price: $0.000000
Shares after: 547,350
Date: 03 Jun 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 49,759
Exercise price
Footnotes: F1, F3, F6

^* 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

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 vested on March 1, 2023 and one-sixteenth (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 F5

One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023, and 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.

Footnote F6

One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.