Form 4 for MQ Marqeta, Inc.
Accepted 2024-06-05 00:00:00 ET · period of report 2024-06-03 · accession 0001870987-24-000005 · 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 | 2024-06-05 | 2024-06-03 | MQ | Sumner Crystal | See Remarks | F - Tax | $5.44 | -32.5K | 79.6K | -29% | -$176.9K |
| DM | 2024-06-05 | 2024-06-03 | MQ | Sumner Crystal | See Remarks | M - OptEx | $0.00 | +64.2K | 93.5K | +219% | $0 |
| DM | 2024-06-05 | 2024-06-03 | MQ | Sumner Crystal | See Remarks | M - OptEx | $0.00 | -64.2K | 300.5K | -18% | $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 | 2024-06-03 | F | D | 18,680 | $5.44 | 97,826 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2024-06-03 | M | A | 36,858 | $0.00 | 116,506 | D | — | — | (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. |
| 3 | Common | Class A Common Stock | 2024-06-03 | F | D | 13,845 | $5.44 | 79,648 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2024-06-03 | M | A | 27,318 | $0.00 | 93,493 | D | — | — | (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. |
| 5 | Derivative | Restricted Stock Units | 2024-06-03 | M | D | 36,858 | $0.00 | 405,445 | D | — · — to — | 36,858 Class A Common Stock | (F3) Each restricted stock unit is convertible into one share of Class A Common Stock. (F5) 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. |
| 6 | Derivative | Restricted Stock Units | 2024-06-03 | M | D | 27,318 | $0.00 | 300,504 | D | — · — to — | 27,318 Class A Common Stock | (F3) Each restricted stock unit is convertible into one share of Class A Common Stock. (F4) One-fourth (1/4th) of the restricted stock units vest on March 1, 2024, and an additional one-sixteenth (1/16th) 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. |