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

Role
Chief Revenue Officer
Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 16:07:05 UTC
Previous filing
10 Feb 2023
Next filing
18 Dec 2023
SEC
View on sec.gov

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 +190,041 +24% $0.000000 995,907 15 Feb 2023 Class A Common Stock 190,041 Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +295,480 $0.000000 295,480 15 Feb 2023 Class A Common Stock 295,480 $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.