0001865112-24-000005.txt : 20240319
0001865112-24-000005.hdr.sgml : 20240319
20240319173327
ACCESSION NUMBER: 0001865112-24-000005
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240315
FILED AS OF DATE: 20240319
DATE AS OF CHANGE: 20240319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kern Randall F.
CENTRAL INDEX KEY: 0001865112
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40465
FILM NUMBER: 24765207
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]
ORGANIZATION NAME: 06 Technology
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_1710883987.xml
FORM 4
X0508
4
2024-03-15
0
0001522540
Marqeta, Inc.
MQ
0001865112
Kern Randall F.
180 GRAND AVENUE
6TH FLOOR
OAKLAND
CA
94612
0
1
0
0
See Remarks
0
Restricted Stock Units
2024-03-15
4
A
0
464418
0
A
Class A Common Stock
464418
464418
D
Performance Stock Units (Gross Profit)
2024-03-15
4
A
0
139325
0
A
Class A Common Stock
139325
139325
D
Performance Stock Units (Adjusted EBITDA)
2024-03-15
4
A
0
59711
0
A
Class A Common Stock
59711
59711
D
Each restricted stock unit is convertible into one share of Class A Common Stock.
One-twelfth (1/12th) of the restricted stock units vest 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.
Each performance stock unit is convertible into one share of Class A Common Stock.
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 shares would vest.
Represents the number of shares which may be issued at target under the PSU over a period of time following achievement of certain 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 shares would vest
Chief Product and Technology Officer
/s/ Tracy Foard, Attorney-in-Fact
2024-03-19