Christopher McKay - 26 May 2022 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
31 May 2022, 19:03:57 UTC
Prior SEC filing
10 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christine Paster, Attorney-in-Fact

Key filing fact

Christopher McKay filed Form 4 for Marqeta, Inc. (MQ) on 31 May 2022.

Key facts

  • This page summarizes Christopher McKay's Form 4 filing for Marqeta, Inc. (MQ).
  • 8 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 31 May 2022, 19:03.

Change

  • Previous filing in this sequence was filed on 10 Jan 2022.
  • 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

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+6,000,000
Change %
Price
$0.000000
Shares after
6,000,000
Date
26 May 2022
Ownership
By Granite Ventures II, L.P.
Footnotes
F1, F2
MQ transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+433,818
Change %
Price
$0.000000
Shares after
433,818
Date
26 May 2022
Ownership
By Granite Ventures Entrepreneurs Fund II, L.P.
Footnotes
F1, F2
MQ transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-6,000,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 May 2022
Ownership
By Granite Ventures II, L.P.
Footnotes
F2, F3
MQ transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-433,818
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 May 2022
Ownership
By Granite Ventures Entrepreneurs Fund II, L.P.
Footnotes
F2, F3
MQ transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+119,201
Change %
+99%
Price
$0.000000
Shares after
239,739
Date
26 May 2022
Ownership
See Footnote
Footnotes
F4, F5
MQ transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+21,035
Change %
Price
$0.000000
Shares after
21,035
Date
26 May 2022
Ownership
See Footnotes
Footnotes
F4, F6

Reported derivative securities

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

MQ transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-6,000,000
Change %
-11%
Price
$0.000000
Shares after
47,827,878
Date
26 May 2022
Ownership
By Granite Ventures II, L.P.
Underlying class
Class A Common Stock
Underlying amount
6,000,000
Exercise price
Footnotes
F1, F2
MQ transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-433,818
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 May 2022
Ownership
By Granite Ventures Entrepreneurs Fund II, L.P.
Underlying class
Class A Common Stock
Underlying amount
433,818
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

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 F2

Granite Management II, LLC is the general partner of Granite Ventures II, L.P. and Granite Ventures Entrepreneurs Fund II, L.P. The Reporting Person is one of several managing directors of Granite Management II, LLC and as such may be deemed to have voting and investment power with respect to such shares. Granite Ventures LLC is the managing member of Granite Management II, LLC. Granite Ventures LLC through Granite Management II, LLC has sole voting and dispositive power over shares held by Granite Ventures II L.P. and Granite Ventures Entrepreneurs Fund II, L.P. Standish O'Grady, Jacqueline Berterretche and Christopher McKay are managing directors of the general partner entities of these funds that directly hold shares and as such Mr. O'Grady, Ms. Berterretche and Mr. McKay may be deemed to have voting and dispositive power with respect to such shares.

Footnote F3

Represents a pro-rata in kind distribution by the Fund to its limited partners.

Footnote F4

Represents shares received in a pro-rata in kind distribution of shares of Class A Common Stock from Granite Management II, LLC.

Footnote F5

The shares are held of record by Christopher McKay and Sarah McKay, Trustees of the McKay Family Trust dated August 12, 2020.

Footnote F6

The shares are held of record by Christopher McKay, Trustee of the Christopher McKay Irrevocable Trust dated April 15, 2021.

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