Form 4 for TW Tradeweb Markets Inc.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001758730-23-000114 · 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 | 2023-04-04 | 2023-03-31+ | TW | Olesky Lee | Dir | M - OptEx | $20.59 | +132.6K | 251.6K | +111% | +$2.73M |
| DM | 2023-04-04 | 2023-03-31+ | TW | Olesky Lee | Dir | S - Sale+OE | $79.15 | -132.6K | 234.4K | -36% | -$10.50M |
| DM | 2023-04-04 | 2023-03-31+ | TW | Olesky Lee | Dir | M - OptEx | $0.00 | -132.6K | 364.5K | -27% | $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 | 2023-04-04 | M | A | 44,082 | $20.59 | 278,439 | D | — | — | (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 2 | Common | Class A common stock | 2023-04-04 | S | D | 44,082 | $79.13 | 234,357 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.58, inclusive. (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 3 | Common | Class A common stock | 2023-03-31 | M | A | 71,330 | $20.59 | 305,687 | D | — | — | (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 4 | Common | Class A common stock | 2023-03-31 | S | D | 71,330 | $79.19 | 234,357 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.99, inclusive. The reporting person undertakes to provide 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 footnotes 3, 4 and 5 to this Form 4. (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 5 | Common | Class A common stock | 2023-04-03 | S | D | 17,193 | $79.02 | 234,357 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.19, inclusive. (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 6 | Common | Class A common stock | 2023-04-03 | M | A | 17,193 | $20.59 | 251,550 | D | — | — | (F2) Includes (i) 9,888 unvested RSUs in respect of Class A Common Stock scheduled to vest on March 15, 2024, (ii) 59,330 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024, (iii) 20,667 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 85,656 unvested RSUs in respect of Class A Common Stock scheduled to vest in equal amounts on January 1, 2024, January 1, 2025 and January 1, 2026, (v) 4,620 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2024 and (vi) 37,336 unvested RSUs in respect of Class A Common Stock scheduled to vest on January 1, 2025. Mr. Olesky retired as CEO effective as of 12/31/22. Each award will vest in accordance with its vesting terms per the retirement provisions of each grant agreement. |
| 7 | Derivative | Stock Option (Right to Buy) | 2023-04-04 | M | D | 44,082 | $0.00 | 303,253 | D | $20.59 · — to 2028-10-26 | 44,082 Class A common stock | (F7) The option is fully vested and exercisable as of the date hereof. |
| 8 | Derivative | Stock Option (Right to Buy) | 2023-04-03 | M | D | 17,193 | $0.00 | 347,335 | D | $20.59 · — to 2028-10-26 | 17,193 Class A common stock | (F7) The option is fully vested and exercisable as of the date hereof. |
| 9 | Derivative | Stock Option (Right to Buy) | 2023-03-31 | M | D | 71,330 | $0.00 | 364,528 | D | $20.59 · — to 2028-10-26 | 71,330 Class A common stock | (F7) The option is fully vested and exercisable as of the date hereof. |