Granite Ventures Llc - Jun 8, 2021 Form 3 Insider Report for Marqeta, Inc. (MQ)

Role: 10%+ Owner
Signature: GRANITE MANAGEMENT II, LLC. By, Granite Ventures, LLC, its Managing Member., By: /s/ Jacqueline Berterretche, Jacqueline Berterretche, Managing Director
Stock symbol: MQ
Transactions as of: Jun 8, 2021
Transactions value $: $0
Form type: 3
Date filed: 6/8/2021, 05:53 PM
Next filing: Jun 15, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	MQ	Series A Preferred Stock							Jun 8, 2021	Common Stock	43.5M		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series B Preferred Stock							Jun 8, 2021	Common Stock	6.73M		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series C Preferred Stock							Jun 8, 2021	Common Stock	2.81M		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series D Preferred Stock							Jun 8, 2021	Common Stock	830K		By Granite Ventures II, L.P.	F1, F2, F3
holding	MQ	Series A Preferred Stock							Jun 8, 2021	Common Stock	356K		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3
holding	MQ	Series B Preferred Stock							Jun 8, 2021	Common Stock	55.1K		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3
holding	MQ	Series C Preferred Stock							Jun 8, 2021	Common Stock	23K		By Granite Ventures Entrepreneurs Fund II, L.P.	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Preferred Stock shall automatically convert on a one-for-one basis into Common Stock immediately prior to the closing of the Issuer's initial public offering and has no expiration date.
F2	Immediately prior to the completion of the Issuer's initial public offering and following the conversion of each series of the Issuer's Preferred Stock into Common Stock, each share of Common Stock shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each outstanding share of Class B Common Stock will be convertible at any time at the option of the holder into one share of Class A Common Stock.
F3	Granite Management II, LLC is the general partner of Granite Ventures II, L.P. and Granite Ventures Entrepreneurs Fund II, L.P. Granite Ventures LLC is the managing member of Granite Management II, LLC. Granite Ventures LLC through Granite Management II, LLC has sole voting and disposition power over shares held by Granite Ventures II L.P. and Granite Ventures Entrepreneurs Fund II, L.P. Standish O'Grady, Jacqueline Berterretche and Christopher McKay are managing directors of the general partner entities of these funds that directly hold shares and as such Mr. O'Grady, Ms. Berterretche and Mr. McKay may be deemed to have voting and dispositive power with respect to such shares.