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Marqeta, Inc. — Director's Dealing 2021
Jun 9, 2021
31531_dirs_2021-06-08_cd222f04-1fa5-4853-9322-360e0ce4fdc5.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Marqeta, Inc. (MQ)
CIK: 0001522540
Period of Report: 2021-06-08
Reporting Person: Caine Renata (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 476041 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2026-03-16 | Common Stock (50000) | Direct | |
| Stock Option (Right to Buy) | $10.48 | 2031-01-21 | Common Stock (223959) | Direct | |
| Stock Option (Right to Buy) | $10.48 | 2031-02-10 | Common Stock (158081) | Direct |
Footnotes
F1: 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.
F2: The restricted stock units are subject to time-based and performance-based vesting conditions. The time-based vesting condition lapses in 16 quarterly installments after January 1, 2020, and the performance-based vesting condition will lapse on the first to occur of (i) immediately prior to a Change in Control of the Issuer or (2) the Issuer's Initial Public Offering, as both terms are defined in the Reporting Person's restricted stock unit agreement, subject to the Reporting Person's continued service to the Issuer.
F3: Each restricted stock unit is convertible into one share of Common Stock.
F4: The stock option vests in 48 monthly installments after January 1, 2021, 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: The stock option shall vest with respect to 50% of the shares on January 1, 2023, and shall vest in 24 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.