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

Role
Chief Revenue Officer
Signature
/s/ 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, 04:07 PM
Previous filing
Feb 10, 2023
Next filing
Dec 18, 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 +190K +23.58% $0.00 996K Feb 15, 2023 Class A Common Stock 190K Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +295K $0.00 295K Feb 15, 2023 Class A Common Stock 295K $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-third (1/3rd) of the restricted stock units vest on March 1, 2024, and an additional 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.
F3 One-third (1/3rd) of the stock option vests on March 1, 2024, and the remaining shares subject to the option vest on the 15th of each month in equal monthly installments over the two years thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.