Tradeweb Markets Inc. — Director's Dealing 2021

Nov 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tradeweb Markets Inc. (TW)
CIK: 0001758730
Period of Report: 2021-11-05

Reporting Person: Hult William (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-05	Class A common stock	M	18060	$20.59	Acquired	418918	Direct
2021-11-05	Class A common stock	S	18060	$95.0372	Disposed	400858	Direct
2021-11-08	Class A common stock	M	45267	$20.59	Acquired	446125	Direct
2021-11-08	Class A common stock	S	45267	$95.1331	Disposed	400858	Direct
2021-11-09	Class A common stock	M	24750	$20.59	Acquired	425608	Direct
2021-11-09	Class A common stock	S	24750	$95.2512	Disposed	400858	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-05	Stock Option (Right to Buy)	$20.59	M	18060	Disposed	2028-10-26	Class A common stock (18060)	Direct
2021-11-08	Stock Option (Right to Buy)	$20.59	M	45267	Disposed	2028-10-26	Class A common stock (45267)	Direct
2021-11-09	Stock Option (Right to Buy)	$20.59	M	24750	Disposed	2028-10-26	Class A common stock (24750)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 3, 2021.

F2: This amount includes (i) 249,102 unvested restricted stock units ("RSUs") in respect of issuer's Class A common stock ("Class A Common Stock") which are scheduled to vest on January 1, 2022, (ii) 28,728 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) 86,184 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 24,844 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.21, 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 sold at each separate price within the ranges set forth in footnotes 3, 4 and 5 to this Form 4.

F4: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.61, inclusive.

F5: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.56, inclusive.

F6: This option is fully vested and exercisable as of the date hereof.