Tradeweb Markets Inc. — Director's Dealing 2021

Dec 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tradeweb Markets Inc. (TW)
CIK: 0001758730
Period of Report: 2021-12-16

Reporting Person: Bruni Enrico (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-16	Class A common stock	M	85800	$20.59	Acquired	184972	Direct
2021-12-16	Class A common stock	S	49486	$94.2842	Disposed	135486	Direct
2021-12-16	Class A common stock	S	31704	$95.2137	Disposed	103782	Direct
2021-12-16	Class A common stock	S	4610	$95.8666	Disposed	99172	Direct
2021-12-17	Class A common stock	M	8610	$20.59	Acquired	107782	Direct
2021-12-17	Class A common stock	S	8610	$95.0301	Disposed	99172	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-16	Stock Option (Right to Buy)	$20.59	M	85800	Disposed	2028-10-26	Class A common stock (85800)	Direct
2021-12-17	Stock Option (Right to Buy)	$20.59	M	8610	Disposed	2028-10-26	Class A common stock (8610)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2021.

F2: This amount includes (i) 44,004 unvested restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on January 1, 2022, (ii) 10,719 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of March 17, 2022, and March 17, 2023, (iii) 32,158 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 9,439 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 15, 2021, in each case subject to the reporting person's continued employment through the applicable vesting date.

F3: The price reported in Column 4 is a weighted average price. These shares were sole in multiple transactions at prices ranging from $93.63 to 94.62, inclusive. The reporting person undertakes to provide 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 sole at each separate price within the ranges set forth in footnotes 3, 4, 5, and 6 to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $94.63 to $95.59, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $95.64 to $96.04, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $95.00 to $95.15, inclusive.

F7: The option is fully vested and exercisable as of the date hereof.