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Marqeta, Inc. — Director's Dealing 2021
Dec 1, 2021
31531_dirs_2021-12-01_3433c126-e634-4ebb-8292-6907f20813b7.zip
Director's Dealing
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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.