Srikiran Prasad - Jun 13, 2024 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Director
Signature
/s/ Christine Paster, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 06:33 PM
Previous filing
Sep 18, 2023
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +40.2K +253.04% $0.00 56.1K Jun 13, 2024 Direct F1

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 Options Exercise $0 -40.2K -100% $0.00* 0 Jun 13, 2024 Class A Common Stock 40.2K Direct F1, F2, F3
transaction MQ Restricted Stock Units Award $0 +38.4K $0.00 38.4K Jun 13, 2024 Class A Common Stock 38.4K Direct F2, F4
holding MQ Restricted Stock Units 31.8K Jun 13, 2024 Class A Common Stock 31.8K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Each restricted stock unit is convertible into one share of Class A Common Stock.
F3 Restricted stock units granted on June 22, 2023, the date of the Issuer's 2023 Annual Meeting of Stockholders, that vested in full on June 13, 2024, the date of the Issuer's 2024 Annual Meeting of Stockholders.
F4 All of the shares vest in full on the earlier of (i) June 13, 2025 or (ii) the Issuer's next annual meeting of stockholders; provided, however, that all vesting will cease if the Reporting Person ceases to provide services to the Issuer, unless the Issuer's Board of Directors determines otherwise prior to the cessation of such services.
F5 One-third (1/3rd) of the restricted stock units vest on each of September 14, 2023, September 14, 2024 and September 14, 2025, subject to the Reporting Person's continued service with the Issuer as of each vesting date.