Pollak Todd 4

Accession 0001964406-25-000013

CIK 0001522540other

View on SEC.gov Company Profile

Filed

Sep 2, 8:00 PM ET

Accepted

Sep 3, 5:01 PM ET

Size

36.7 KB

Accession

0001964406-25-000013

Insider Transaction Report

Form 4

Period: 2025-09-01

Marqeta, Inc.MQ

Pollak Todd

Chief Revenue Officer

Transactions

Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−27,608$170,341→ 387,284 total
Exercise/Conversion
Class A Common Stock
2025-09-01+15,837→ 403,121 total
Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−19,264$118,859→ 424,893 total
Exercise/Conversion
Class A Common Stock
2025-09-01+9,556→ 434,449 total
Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−2,935$18,109→ 431,630 total
Exercise/Conversion
Class A Common Stock
2025-09-01+35,144→ 444,157 total
Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−5,238$32,318→ 429,211 total
Exercise/Conversion
Class A Common Stock
2025-09-01+5,354→ 434,565 total
Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−8,681$53,562→ 394,440 total
Exercise/Conversion
Class A Common Stock
2025-09-01+32,251→ 426,691 total
Exercise/Conversion
Restricted Stock Units
2025-09-01−50,367→ 251,833 total
→ Class A Common Stock (50,367 underlying)
Exercise/Conversion
Restricted Stock Units
2025-09-01−15,837→ 31,674 total
→ Class A Common Stock (15,837 underlying)
Exercise/Conversion
Restricted Stock Units
2025-09-01−35,144→ 351,440 total
→ Class A Common Stock (35,144 underlying)
Exercise/Conversion
Class A Common Stock
2025-09-01+50,367→ 414,892 total
Tax Payment
Class A Common Stock
2025-09-01$6.17/sh−17,678$109,073→ 409,013 total
Exercise/Conversion
Restricted Stock Units
2025-09-01−32,251→ 193,508 total
→ Class A Common Stock (32,251 underlying)
Exercise/Conversion
Performance Stock Units (Gross Profit)
2025-09-01−9,675→ 184,571 total
→ Class A Common Stock (9,675 underlying)
Exercise/Conversion
Performance Stock Units (Adjusted EBITDA)
2025-09-01−4,147→ 79,101 total
→ Class A Common Stock (4,147 underlying)

Footnotes (12)

[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]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.
[F11]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.
[F12]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 119 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 1,207 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 December 1, 2023, and one-sixteenth (1/16th) of the restricted stock units vest on each March 1, June 1, September 1, and December 1 thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date.
[F7]One-third (1/3rd) of the restricted stock units vested on March 1, 2024, and one-twelfth (1/12th) 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.
[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, 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 vest 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, subject to the Reporting Person's continued service to the Issuer as of each vesting date.

Documents

1 file

4
wk-form4_1756933264.xmlPrimary
FORM 4

Issuer

Marqeta, Inc.

CIK 0001522540

→

Entity typeother

Related Parties

filerCIK 0001964406

Filing Metadata

Form type: 4
Filed: Sep 2, 8:00 PM ET
Accepted: Sep 3, 5:01 PM ET
Size: 36.7 KB

View on SEC.gov