Simon Khalaf - Feb 15, 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Executive Officer, Director
Signature
Tracy Foard, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 04:05 PM
Previous filing
Feb 10, 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 +1.16M +163.22% $0.00 1.87M Feb 15, 2023 Class A Common Stock 1.16M Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +1.81M $0.00 1.81M Feb 15, 2023 Class A Common Stock 1.81M $6.38 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 shares subject to the option vest on March 15, 2023 and on the 15th of each month thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.