Form 4 for MQ Marqeta, Inc.
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-01 · accession 0001913038-23-000006 · 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 | 2023-06-05 | 2023-06-01 | MQ | Milotich Michael | CFO | F - Tax | $4.78 | -38.6K | 167.9K | -19% | -$184.5K |
| DM | 2023-06-05 | 2023-06-01 | MQ | Milotich Michael | CFO | M - OptEx | $0.00 | +77.8K | 193.3K | +67% | $0 |
| DM | 2023-06-05 | 2023-06-01 | MQ | Milotich Michael | CFO | M - OptEx | $0.00 | -77.8K | 315.4K | -20% | $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 | 2023-06-01 | F | D | 12,597 | $4.78 | 180,746 | 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 | 2023-06-01 | F | D | 14,215 | $4.78 | 155,960 | 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 | Common | Class A Common Stock | 2023-06-01 | M | A | 28,669 | $0.00 | 170,175 | 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. |
| 4 | Common | Class A Common Stock | 2023-06-01 | F | D | 11,778 | $4.78 | 167,937 | 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. |
| 5 | Common | Class A Common Stock | 2023-06-01 | M | A | 23,755 | $0.00 | 179,715 | 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. |
| 6 | Common | Class A Common Stock | 2023-06-01 | M | A | 25,406 | $0.00 | 193,343 | 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. |
| 7 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 23,755 | $0.00 | 261,307 | D | — · — to — | 23,755 Class A Common Stock | (F3) Restricted stock unit grants for the Reporting Person were previously reported on an aggregated basis. The restricted stock units have varying vesting schedules that necessitate reporting on a grant-by-grant basis going forward. (F4) Each restricted stock unit is convertible into one share of Class A Common Stock. (F6) One-twelfth (1/12th) of the restricted stock units vest on March 1, 2023, and one-twelfth (1/12th) of the remaining 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. |
| 8 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 25,406 | $0.00 | 279,472 | D | — · — to — | 25,406 Class A Common Stock | (F3) Restricted stock unit grants for the Reporting Person were previously reported on an aggregated basis. The restricted stock units have varying vesting schedules that necessitate reporting on a grant-by-grant basis going forward. (F4) Each restricted stock unit is convertible into one share of Class A Common Stock. (F5) One-fourth (1/4th) of the restricted stock units vest on March 1, 2023 and 1/16th of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. |
| 9 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 28,669 | $0.00 | 315,367 | D | — · — to — | 28,669 Class A Common Stock | (F3) Restricted stock unit grants for the Reporting Person were previously reported on an aggregated basis. The restricted stock units have varying vesting schedules that necessitate reporting on a grant-by-grant basis going forward. (F4) Each restricted stock unit is convertible into one share of Class A Common Stock. (F5) One-fourth (1/4th) of the restricted stock units vest on March 1, 2023 and 1/16th of the remaining restricted stock units vest quarterly on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. |