Kern Randall F. 4
4 · Marqeta, Inc. · Filed Jun 5, 2024
Insider Transaction Report
Form 4
Kern Randall F.
Chief Technology Officer
Transactions
- Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−3,159$17,185→ 36,849 total - Exercise/Conversion
Restricted Stock Units
2024-06-03−39,592→ 277,144 total→ Class A Common Stock (39,592 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-03+39,592→ 76,441 total - Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−14,127$76,851→ 62,314 total - Exercise/Conversion
Restricted Stock Units
2024-06-03−8,851→ 53,105 total→ Class A Common Stock (8,851 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-03+38,701→ 101,015 total - Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−13,809$75,121→ 87,206 total - Exercise/Conversion
Restricted Stock Units
2024-06-03−38,701→ 425,717 total→ Class A Common Stock (38,701 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-03+8,851→ 40,008 total
Footnotes (6)
- [F1]Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
- [F2]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated under the Act.
- [F3]Each restricted stock unit is convertible into one share of Class A Common Stock.
- [F4]One-sixteenth (1/16th) of the restricted stock units vested on March 21, 2022, and an additional one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
- [F5]One-twelfth (1/12th) of the restricted stock units vested on June 1, 2023, and an additional one-twelfth (1/12th) of the restricted stock units vest on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
- [F6]One-twelfth (1/12th) of the restricted stock units vested on June 1, 2024 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each September 1, December 1, March 1 and June 1 thereafter, subject to the Reporting Person's continued service to the Issuer as of each vesting date.