Tradeweb Markets Inc. — Director's Dealing 2021

Nov 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tradeweb Markets Inc. (TW)
CIK: 0001758730
Period of Report: 2021-11-03

Reporting Person: Olesky Lee (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-03	Class A common stock	M	153671	$20.59	Acquired	627128	Direct
2021-11-03	Class A common stock	S	43757	$90.8176	Disposed	583371	Direct
2021-11-03	Class A common stock	S	66135	$91.7645	Disposed	517236	Direct
2021-11-03	Class A common stock	S	43779	$92.6799	Disposed	473457	Direct
2021-11-04	Class A common stock	M	115286	$20.59	Acquired	588743	Direct
2021-11-04	Class A common stock	S	99022	$92.5621	Disposed	489721	Direct
2021-11-04	Class A common stock	S	16264	$93.1802	Disposed	473457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-03	Stock Option (Right to Buy)	$20.59	M	153671	Disposed	2028-10-26	Class A common stock (153671)	Direct
2021-11-04	Stock Option (Right to Buy)	$20.59	M	115286	Disposed	2028-10-26	Class A common stock (115286)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A common stock	20000	Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2021.

F2: This amount includes (i) 298,526 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) 34,302 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) 102,906 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, and (iv) 29,665 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 $90.28 to $91.26, 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, 5, 6 and 7 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 $91.29 to $92.26, inclusive.

F5: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.30 to $92.85, inclusive.

F6: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.95 to $92.94, inclusive.

F7: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.95 to $93.53, inclusive.

F8: The reporting person owns these securities through The Lee Olesky 2019 Family Trust U/A/D March 21, 2019 ("The Family Trust"). The reporting person and his wife, as the co-trustees of The Family Trust, share the power to vote and invest the securities, but each disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein.

F9: The option is fully vested and exercisable as of the date hereof.