Form 4 for MQ Marqeta, Inc.
Accepted 2021-12-01 00:00:00 ET · period of report 2021-11-29 · accession 0001628280-21-024328 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-12-01 | 2021-11-29 | MQ | Weissman Seth R | See Remarks | S - Sale | $20.53 | -70.0K | 100 | -100% | -$1.44M |
| D | 2021-12-01 | 2021-11-29 | MQ | Weissman Seth R | See Remarks | C - Cnv Deriv | $0.00 | +70.0K | 70.0K | New | $0 |
| D | 2021-12-01 | 2021-11-29 | MQ | Weissman Seth R | See Remarks | C - Cnv Deriv | $0.00 | -70.0K | 68.5K | -51% | $0 |
| DM | 2021-12-01 | 2021-11-29 | MQ | Weissman Seth R | See Remarks | M - OptEx | $0.00 | 0 | 1.35M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-29 | S | D | 100 | $22.30 | 0 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-11-29 | S | D | 66,161 | $20.48 | 3,839 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.04 to $20.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
| 3 | Common | Class A Common Stock | 2021-11-29 | C | A | 70,000 | $0.00 | 70,000 | D | — | — | |
| 4 | Common | Class A Common Stock | 2021-11-29 | S | D | 3,739 | $21.43 | 100 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.17 to $21.74, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
| 5 | Derivative | Class B Common Stock | 2021-11-29 | C | D | 70,000 | $0.00 | 68,493 | D | — · — to — | 70,000 Class A Common Stock | (F5) 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. |
| 6 | Derivative | Class B Common Stock | 2021-11-29 | M | A | 70,000 | $0.00 | 138,493 | D | — · — to — | 70,000 Class A Common Stock | (F5) 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. |
| 7 | Derivative | Stock Option (Right to Buy) | 2021-11-29 | M | D | 70,000 | $0.00 | 1,345,675 | D | $1.46 · — to 2029-06-04 | 70,000 Class B Common Stock | (F4) The stock option vested with respect to 25% of the shares on April 29, 2020 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. |