0001865112-23-000013.txt : 20231205 0001865112-23-000013.hdr.sgml : 20231205 20231205164100 ACCESSION NUMBER: 0001865112-23-000013 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231201 FILED AS OF DATE: 20231205 DATE AS OF CHANGE: 20231205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kern Randall F. CENTRAL INDEX KEY: 0001865112 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40465 FILM NUMBER: 231467187 MAIL ADDRESS: STREET 1: C/O MARQETA, INC. STREET 2: 180 GRAND AVE., FLR 6 CITY: OAKLAND STATE: CA ZIP: 94612 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Marqeta, Inc. CENTRAL INDEX KEY: 0001522540 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 274306690 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 180 GRAND AVENUE STREET 2: 6TH FLOOR CITY: OAKLAND STATE: CA ZIP: 94612 BUSINESS PHONE: 877-962-7738 MAIL ADDRESS: STREET 1: 180 GRAND AVENUE STREET 2: 6TH FLOOR CITY: OAKLAND STATE: CA ZIP: 94612 4 1 wk-form4_1701812451.xml FORM 4 X0508 4 2023-12-01 0 0001522540 Marqeta, Inc. MQ 0001865112 Kern Randall F. 180 GRAND AVENUE 6TH FLOOR OAKLAND CA 94612 0 1 0 0 See Remarks 0 Class A Common Stock 2023-12-01 4 M 0 8851 0 A 8851 D Class A Common Stock 2023-12-01 4 F 0 3061 6.37 D 5790 D Class A Common Stock 2023-12-01 4 M 0 39592 0 A 45382 D Class A Common Stock 2023-12-01 4 F 0 17973 6.37 D 27409 D Class A Common Stock 2023-12-04 4 M 0 25958 4.07 A 53367 D Class A Common Stock 2023-12-04 4 S 0 25958 6.2339 D 27409 D Class A Common Stock 2023-12-04 4 S 0 27409 6.2334 D 0 D Restricted Stock Units 2023-12-01 4 M 0 8851 0 D Class A Common Stock 8851 70807 D Restricted Stock Units 2023-12-01 4 M 0 39592 0 D Class A Common Stock 39592 356328 D Stock Option (Right to Buy) 4.07 2023-12-04 4 M 0 25958 0 D 2033-03-14 Class A Common Stock 25958 726814 D 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. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.175 to $6.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. Each restricted stock unit is convertible into one share of Class A Common Stock. 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. One-twelfth (1/12th) of the restricted stock units vest 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. One-thirty-sixth (1/36th) of the stock option vested on April 15, 2023, and an additional one-thirty-sixth (1/36th) of the stock option vests on the 15th of each month thereafter, subject to the Reporting Person's continued service with the Issuer as of each vesting date. Chief Product and Technology Officer /s/ Tracy Foard, Attorney-in-Fact 2023-12-05