Milotich Michael 4

Accession 0001913038-25-000015

CIK 0001522540other

View on SEC.gov Company Profile

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 5:37 PM ET

Size

47.1 KB

Accession

0001913038-25-000015

Insider Transaction Report

Form 4

Period: 2025-12-01

Marqeta, Inc.MQ

Milotich Michael

See Remarks

Transactions

Exercise/Conversion
Class A Common Stock
2025-12-01+28,670→ 805,103 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−15,685$74,268→ 789,418 total
Exercise/Conversion
Class A Common Stock
2025-12-01+25,406→ 814,824 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−13,900$65,817→ 800,924 total
Exercise/Conversion
Class A Common Stock
2025-12-01+23,755→ 824,679 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−12,996$61,536→ 811,683 total
Exercise/Conversion
Class A Common Stock
2025-12-01+49,759→ 861,442 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−27,223$128,901→ 834,219 total
Exercise/Conversion
Class A Common Stock
2025-12-01+41,836→ 876,055 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−22,888$108,375→ 853,167 total
Exercise/Conversion
Class A Common Stock
2025-12-01+68,105→ 921,272 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−37,259$176,421→ 884,013 total
Exercise/Conversion
Class A Common Stock
2025-12-01+14,747→ 898,760 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−8,248$39,054→ 890,512 total
Exercise/Conversion
Class A Common Stock
2025-12-01+8,258→ 898,770 total
Tax Payment
Class A Common Stock
2025-12-01$4.74/sh−4,518$21,393→ 894,252 total
Exercise/Conversion
Restricted Stock Units
2025-12-01−28,670→ 28,670 total
→ Class A Common Stock (28,670 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−25,406→ 25,407 total
→ Class A Common Stock (25,406 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−23,755→ 23,756 total
→ Class A Common Stock (23,755 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−49,759→ 248,796 total
→ Class A Common Stock (49,759 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−41,836→ 376,530 total
→ Class A Common Stock (41,836 underlying)
Exercise/Conversion
Restricted Stock Units
2025-12-01−68,105→ 749,155 total
→ Class A Common Stock (68,105 underlying)
Exercise/Conversion
Performance Stock Units (Gross Profit)
2025-12-01−14,927→ 225,250 total
→ Class A Common Stock (14,927 underlying)
Exercise/Conversion
Performance Stock Units (Adjusted EBITDA)
2025-12-01−6,397→ 96,536 total
→ Class A Common Stock (6,397 underlying)

Footnotes (13)

[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.
[F10]One-twelfth (1/12th) of the restricted stock units vest on December 1, 2025 and one-twelfth (1/12th) of the remaining restricted stock units vest quarterly on each March 1, June 1, September 1, and December 1 thereafter until fully vested, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
[F11]Represents the disposition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024.
[F12]Represents the number of shares which may be issued at target under the performance stock unit ("PSU") over a period of time following achievement of certain profit targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest.
[F13]Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain adjusted EBITDA targets as set forth in the PSU agreement, subject to the Reporting Person's continued service to the Issuer as of each vesting date. At maximum achievement, 200% of the target number of shares would vest.
[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]Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 180 fewer shares acquired for performance at less than 100%.
[F4]Represents the vesting of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on March 15, 2024, and includes 1,861 additional shares acquired for performance at more than 100%.
[F5]Each restricted stock unit is convertible into one share of Class A Common Stock.
[F6]One-fourth (1/4th) of the restricted stock units vested on March 1, 2023, and one-sixteenth (1/16th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
[F7]One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023, and one-twelfth (1/12th) of the restricted stock units vest on each June 1, September 1, December 1, and March 1 thereafter until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
[F8]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 until fully vested, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
[F9]One-twelfth (1/12th) of the restricted stock units vested on June 1, 2025 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 until fully vested, subject to the Reporting Person's continued service to the Issuer as of each vesting date.

Documents

1 file

4
wk-form4_1764801461.xmlPrimary
FORM 4

Issuer

Marqeta, Inc.

CIK 0001522540

→

Entity typeother

Related Parties

filerCIK 0001913038

Filing Metadata

Form type: 4
Filed: Dec 2, 7:00 PM ET
Accepted: Dec 3, 5:37 PM ET
Size: 47.1 KB

View on SEC.gov