Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Marqeta, Inc. Director's Dealing 2021

Dec 1, 2021

31531_dirs_2021-12-01_3433c126-e634-4ebb-8292-6907f20813b7.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marqeta, Inc. (MQ)
CIK: 0001522540
Period of Report: 2021-11-29

Reporting Person: Weissman Seth R (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-29 Class A Common Stock C 70000 Acquired 70000 Direct
2021-11-29 Class A Common Stock S 66161 $20.4767 Disposed 3839 Direct
2021-11-29 Class A Common Stock S 3739 $21.4252 Disposed 100 Direct
2021-11-29 Class A Common Stock S 100 $22.30 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-29 Stock Option (Right to Buy) $1.46 M 70000 Disposed 2029-06-04 Class B Common Stock (70000.0) Direct
2021-11-29 Class B Common Stock $ M 70000 Acquired Class A Common Stock (70000.0) Direct
2021-11-29 Class B Common Stock $ C 70000 Disposed Class A Common Stock (70000.0) Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a previously adopted Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.04 to $20.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.17 to $21.74, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F4: The stock option vested with respect to 25% of the shares on April 29, 2020 and vests in 36 additional monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option is early exercisable by the Reporting Person.

F5: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.