Michael Milotich - 01 Sep 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Reporting relationship: Chief Financial Officer
Issuer ticker: MQ
Reported as of: 01 Sep 2024
Net transaction value: -$330,438
SEC form: 4
Accepted by SEC: 04 Sep 2024, 19:54:18 UTC
Prior SEC filing: 05 Jun 2024
Next SEC filing: 03 Dec 2024
Source filing: View source filing
Reporting owner signature: /s/ Tracy Foard, Attorney-in-Fact

Filing notes and source

Key filing fact

Michael Milotich filed Form 4 for Marqeta, Inc. (MQ) on 04 Sep 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: 04 Sep 2024, 19:54.

Change

Previous filing in this sequence was filed on 05 Jun 2024.
Current net transaction value: -$330,438.

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 %: +7.5%
Price: $0.000000
Shares after: 409,033
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $74,248
Shares: -14,530
Change %: -3.6%
Price: $5.11
Shares after: 394,503
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +25,407
Change %: +6.4%
Price: $0.000000
Shares after: 419,910
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $65,801
Shares: -12,877
Change %: -3.1%
Price: $5.11
Shares after: 407,033
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +23,756
Change %: +5.8%
Price: $0.000000
Shares after: 430,789
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $61,524
Shares: -12,040
Change %: -2.8%
Price: $5.11
Shares after: 418,749
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F2

MQ transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +49,759
Change %: +12%
Price: $0.000000
Shares after: 468,508
Date: 01 Sep 2024
Ownership: Direct
Footnotes: F1

MQ transaction

Class A Common Stock

Tax liability

Transaction value: $128,864
Shares: -25,218
Change %: -5.4%
Price: $5.11
Shares after: 443,290
Date: 01 Sep 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 %: -14%
Price: $0.000000
Shares after: 172,018
Date: 01 Sep 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: -25,407
Change %: -14%
Price: $0.000000
Shares after: 152,439
Date: 01 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 25,407
Exercise price
Footnotes: F1, F3, F4

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -23,756
Change %: -14%
Price: $0.000000
Shares after: 142,531
Date: 01 Sep 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 23,756
Exercise price
Footnotes: F1, F3, F5

MQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -49,759
Change %: -9.1%
Price: $0.000000
Shares after: 497,591
Date: 01 Sep 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 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 F5

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

Footnote F6

One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024, and 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.