Elliott Geraldine 4
4 · Marqeta, Inc. · Filed Jun 15, 2021
Insider Transaction Report
Form 4
Elliott Geraldine
Director
Transactions
- Other
Stock Option (Right to Buy)
2021-06-11−600,000→ 0 totalExercise: $21.49Exp: 2031-04-11→ Common Stock (600,000 underlying) - Other
Stock Option (Right to Buy)
2021-06-11+600,000→ 600,000 totalExercise: $21.49Exp: 2031-04-11→ Class B Common Stock (600,000 underlying)
Footnotes (3)
- [F1]Immediately prior to the closing 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 was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7 and Rule 16b-3.
- [F2]The stock option vests in four annual installments after April 12, 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.
- [F3]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.