Todd Pollak - 01 Jun 2025 Form 4 Insider Report for Marqeta, Inc. (MQ)

Signature
/s/ Tracy Foard, Attorney-in-Fact
Issuer symbol
MQ
Transactions as of
01 Jun 2025
Net transactions value
-$426,038
Form type
4
Filing time
03 Jun 2025, 17:22:12 UTC
Previous filing
18 Mar 2025
Next filing
18 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pollak Todd Chief Revenue Officer 180 GRAND AVENUE, 6TH FLOOR, OAKLAND /s/ Tracy Foard, Attorney-in-Fact 03 Jun 2025 0001964406

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MQ Class A Common Stock Options Exercise $0 +50,367 +12% $0.000000 464,184 01 Jun 2025 Direct F1
transaction MQ Class A Common Stock Tax liability $144,493 -27,575 -5.9% $5.24 436,609 01 Jun 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +15,836 +3.6% $0.000000 452,445 01 Jun 2025 Direct F1
transaction MQ Class A Common Stock Tax liability $45,431 -8,670 -1.9% $5.24 443,775 01 Jun 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +32,251 +7.3% $0.000000 476,026 01 Jun 2025 Direct F1
transaction MQ Class A Common Stock Tax liability $92,523 -17,657 -3.7% $5.24 458,369 01 Jun 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +35,143 +7.7% $0.000000 493,512 01 Jun 2025 Direct F1
transaction MQ Class A Common Stock Tax liability $100,818 -19,240 -3.9% $5.24 474,272 01 Jun 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +9,556 +2% $0.000000 483,828 01 Jun 2025 Direct F1, F3
transaction MQ Class A Common Stock Tax liability $27,416 -5,232 -1.1% $5.24 478,596 01 Jun 2025 Direct F2
transaction MQ Class A Common Stock Options Exercise $0 +5,353 +1.1% $0.000000 483,949 01 Jun 2025 Direct F1, F4
transaction MQ Class A Common Stock Tax liability $15,358 -2,931 -0.61% $5.24 481,018 01 Jun 2025 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 -50,367 -14% $0.000000 302,200 01 Jun 2025 Class A Common Stock 50,367 Direct F1, F5, F6
transaction MQ Restricted Stock Units Options Exercise $0 -15,836 -25% $0.000000 47,511 01 Jun 2025 Class A Common Stock 15,836 Direct F1, F5, F7
transaction MQ Restricted Stock Units Options Exercise $0 -32,251 -12% $0.000000 225,759 01 Jun 2025 Class A Common Stock 32,251 Direct F1, F5, F8
transaction MQ Restricted Stock Units Options Exercise $0 -35,143 -8.3% $0.000000 386,584 01 Jun 2025 Class A Common Stock 35,143 Direct F1, F5, F9
transaction MQ Performance Stock Units (Gross Profit) Options Exercise $0 -9,675 -4.7% $0.000000 194,246 01 Jun 2025 Class A Common Stock 9,675 Direct F1, F5, F10, F11
transaction MQ Performance Stock Units (Adjusted EBITDA) Options Exercise $0 -4,146 -4.7% $0.000000 83,248 01 Jun 2025 Class A Common Stock 4,146 Direct F1, F5, F10, F12
* 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 Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 119 fewer shares acquired for performance at less than 100%.
F4 Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 1,207 additional shares acquired for performance at more than 100%.
F5 Each restricted stock unit is convertible into one share of Class A Common Stock.
F6 One-fourth (1/4th) of the restricted stock units vested on December 1, 2023, and one-sixteenth (1/16th) of the restricted stock units vest on each March 1, June 1, September 1, and December 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
F7 One-third (1/3rd) of the restricted stock units vested on March 1, 2024, and 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.
F8 One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024, and 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.
F9 One-twelfth (1/12th) of the restricted stock units vest on June 1, 2025 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
F10 Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024.
F11 Represents the number of shares which may be issued at target under the performance stock unit ("PSU") over a period of time following achievement of certain profit targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest.
F12 Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain EBITDA targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest.