Form 4 for MQ Marqeta, Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001913038-23-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-03 | 2023-03-01 | MQ | Milotich Michael | CFO | M - OptEx | $0.00 | +216.3K | 216.3K | New | $0 |
| D | 2023-03-03 | 2023-03-01 | MQ | Milotich Michael | CFO | F - Tax | $4.50 | -74.8K | 141.5K | -35% | -$336.6K |
| D | 2023-03-03 | 2023-03-01 | MQ | Milotich Michael | CFO | M - OptEx | $0.00 | -216.3K | 648.9K | -25% | $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 | 2023-03-01 | M | A | 216,305 | $0.00 | 216,305 | 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. |
| 2 | Common | Class A Common Stock | 2023-03-01 | F | D | 74,799 | $4.50 | 141,506 | 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. |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 216,305 | $0.00 | 648,914 | D | — · — to — | 216,305 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 granted on March 15, 2022 and May 21, 2022 vest on March 1, 2023, 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. |