Kern Randall F. 4
4 · Marqeta, Inc. · Filed Sep 4, 2024
Insider Transaction Report
Form 4
Kern Randall F.
Chief Technology Officer
Transactions
- Tax Payment
Class A Common Stock
2024-09-01$5.11/sh−4,486$22,923→ 91,570 total - Exercise/Conversion
Restricted Stock Units
2024-09-01−39,592→ 237,552 total→ Class A Common Stock (39,592 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-01−38,702→ 387,015 total→ Class A Common Stock (38,702 underlying) - Tax Payment
Class A Common Stock
2024-09-01$5.11/sh−19,615$100,233→ 130,183 total - Exercise/Conversion
Restricted Stock Units
2024-09-01−8,850→ 44,255 total→ Class A Common Stock (8,850 underlying) - Exercise/Conversion
Class A Common Stock
2024-09-01+8,850→ 96,056 total - Exercise/Conversion
Class A Common Stock
2024-09-01+39,592→ 131,162 total - Tax Payment
Class A Common Stock
2024-09-01$5.11/sh−20,066$102,537→ 111,096 total - Exercise/Conversion
Class A Common Stock
2024-09-01+38,702→ 149,798 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 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 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 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.