Form 4 for MQ Marqeta, Inc.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001964406-24-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-05 | 2024-03-01 | MQ | Pollak Todd | Chief Revenue Off | M - OptEx | $0.00 | +113.7K | 211.4K | +116% | $0 |
| DM | 2024-03-05 | 2024-03-01 | MQ | Pollak Todd | Chief Revenue Off | F - Tax | $6.40 | -41.4K | 188.8K | -18% | -$264.8K |
| DM | 2024-03-05 | 2024-03-01 | MQ | Pollak Todd | Chief Revenue Off | M - OptEx | $0.00 | -113.7K | 126.7K | -47% | $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 | 2024-03-01 | M | A | 50,366 | $0.00 | 166,859 | 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 | 2024-03-01 | M | A | 63,347 | $0.00 | 211,429 | 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 | 2024-03-01 | F | D | 18,777 | $6.40 | 148,082 | 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 | 2024-03-01 | F | D | 22,603 | $6.40 | 188,826 | 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. |
| 5 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 50,366 | $0.00 | 554,033 | D | — · — to — | 50,366 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 vested on December 1, 2023, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each March 1, June 1, September 1, and December 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. |
| 6 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 63,347 | $0.00 | 126,694 | D | — · — to — | 63,347 Class A Common Stock | (F3) Each restricted stock unit is convertible into one share of Class A Common Stock. (F5) One-third (1/3rd) of the restricted stock units vested on March 1, 2024, and an additional one-twelfth (1/12th) 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. |