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