Form 4 for MQ Marqeta, Inc.
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-01 · accession 0001963813-23-000006 · 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 | Khalaf Simon | CEO, Dir | M - OptEx | $0.00 | +274.2K | 177.6K | New | $0 |
| DM | 2023-06-05 | 2023-06-01 | MQ | Khalaf Simon | CEO, Dir | F - Tax | $4.78 | -94.8K | 116.2K | -45% | -$453.2K |
| DM | 2023-06-05 | 2023-06-01 | MQ | Khalaf Simon | CEO, Dir | M - OptEx | $0.00 | -274.2K | 532.7K | -34% | $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 | M | A | 96,604 | $0.00 | 212,765 | 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 | 2023-06-01 | F | D | 33,406 | $4.78 | 179,359 | 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 | 177,562 | $0.00 | 177,562 | 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 | 61,401 | $4.78 | 116,161 | 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 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 96,604 | $0.00 | 1,062,651 | D | — · — to — | 96,604 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 June 1, 2023, and one-twelfth (1/12th) of the remaining 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 | 2023-06-01 | M | D | 177,562 | $0.00 | 532,686 | D | — · — to — | 177,562 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 June 1, 2023, and one-sixteenth (1/16th) of the remaining 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. |