Khalaf Simon 4
4 · Marqeta, Inc. · Filed Jun 5, 2024
Insider Transaction Report
Form 4
Khalaf Simon
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-06-03+44,391→ 449,389 total - Exercise/Conversion
Class A Common Stock
2024-06-03+96,604→ 523,495 total - Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−48,959$266,337→ 474,536 total - Exercise/Conversion
Restricted Stock Units
2024-06-03−44,391→ 355,124 total→ Class A Common Stock (44,391 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-03−101,361→ 1,114,972 total→ Class A Common Stock (101,361 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-03+101,361→ 575,897 total - Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−51,370$279,453→ 524,527 total - Exercise/Conversion
Restricted Stock Units
2024-06-03−96,604→ 676,233 total→ Class A Common Stock (96,604 underlying) - Tax Payment
Class A Common Stock
2024-06-03$5.44/sh−22,498$122,389→ 426,891 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-fourth (1/4th) of the restricted stock units vested on June 1, 2023, and an additional one-sixteenth (1/16th) 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.
- [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 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.