Crystal Sumner - Mar 15, 2023 Form 4 Insider Report for Marqeta, Inc. (MQ)

Role
Chief Legal Officer, General Counsel and Corporate Secretary
Signature
/s/ Tracy Foard, Attorney-in-Fact
Stock symbol
MQ
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 05:25 PM
Previous filing
Feb 23, 2023
Next filing
Mar 5, 2024

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
transaction MQ Restricted Stock Units Award $0 +437K $0.00 437K Mar 15, 2023 Class A Common Stock 437K Direct F1, F2
transaction MQ Stock Option (Right to Buy) Award $0 +856K $0.00 856K Mar 15, 2023 Class A Common Stock 856K $4.07 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is convertible into one share of Class A Common Stock.
F2 One-fourth (1/4th) of the restricted stock units vest on March 1, 2024, 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.
F3 One-fourth (1/4th) of the stock option vests on February 13, 2024, and an additional one-forty-eighth (1/48th) of the stock option vests on the 13th of each month thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.

Remarks:

Chief Legal Officer, General Counsel and Corporate Secretary