Kevin Doerr - 11 Jun 2021 Form 4 Insider Report for Marqeta, Inc. (MQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Jun 2021, 17:56:29 UTC
Prior SEC filing
08 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Seth Weissman, Attorney-in-Fact

Key filing fact

Kevin Doerr filed Form 4 for Marqeta, Inc. (MQ) on 15 Jun 2021.

Key facts

  • This page summarizes Kevin Doerr's Form 4 filing for Marqeta, Inc. (MQ).
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 15 Jun 2021, 17:56.

Change

  • Previous filing in this sequence was filed on 08 Jun 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MQ transaction

Common Stock

Other

Transaction value
Shares
-44,444
Change %
-100%
Price
Shares after
0
Date
11 Jun 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MQ transaction Derivative

Class B Common Stock

Other

Transaction value
$0
Shares
+44,444
Change %
Price
$0.000000
Shares after
44,444
Date
11 Jun 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
44,444
Exercise price
Footnotes
F1, F2
MQ transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
-1,755,556
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,755,556
Exercise price
$2.25
Footnotes
F1, F3
MQ transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
+1,755,556
Change %
Price
$0.000000
Shares after
1,755,556
Date
11 Jun 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
1,755,556
Exercise price
$2.25
Footnotes
F1, F2, F3
MQ transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
-251,463
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
251,463
Exercise price
$10.48
Footnotes
F1, F4
MQ transaction Derivative

Stock Option (Right to Buy)

Other

Transaction value
$0
Shares
+251,463
Change %
Price
$0.000000
Shares after
251,463
Date
11 Jun 2021
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
251,463
Exercise price
$10.48
Footnotes
F1, F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's Preferred Stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7 and Rule 16b-3.

Footnote F2

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.

Footnote F3

The stock option vested with respect to 25% of the shares on March 23, 2021 and vests in 36 additional monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.

Footnote F4

The stock option shall vest as to 50% of the shares on January 1, 2023, and shall vest in 24 monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.

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