Simon Khalaf - 01 Jun 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role: Chief Executive Officer, Director
Signature: /s/ Tracy Foard, Attorney-in-Fact
Issuer symbol: MQ
Transactions as of: 01 Jun 2023
Net transactions value: -$453,177
Form type: 4
Filing time: 05 Jun 2023, 17:25:26 UTC
Previous filing: 17 Feb 2023
Next filing: 06 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MQ	Class A Common Stock	Options Exercise	$0	+177,562		$0.000000	177,562	01 Jun 2023	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$293,497	-61,401	-35%	$4.78	116,161	01 Jun 2023	Direct	F2
transaction	MQ	Class A Common Stock	Options Exercise	$0	+96,604	+83%	$0.000000	212,765	01 Jun 2023	Direct	F1
transaction	MQ	Class A Common Stock	Tax liability	$159,681	-33,406	-16%	$4.78	179,359	01 Jun 2023	Direct	F2

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	-177,562	-25%	$0.000000	532,686	01 Jun 2023	Class A Common Stock	177,562		Direct	F1, F3, F4, F5
transaction	MQ	Restricted Stock Units	Options Exercise	$0	-96,604	-8.3%	$0.000000	1,062,651	01 Jun 2023	Class A Common Stock	96,604		Direct	F1, F3, F4, F6

* 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	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.
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.
F4	Each restricted stock unit is convertible into one share of Class A Common Stock.
F5	One-fourth (1/4th) of the restricted stock units vest on June 1, 2023, and one-sixteenth (1/16th) of the remaining 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.
F6	One-twelfth (1/12th) of the restricted stock units vest on June 1, 2023, and one-twelfth (1/12th) of the remaining 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.