<SEC-DOCUMENT>0001913038-25-000006.txt : 20250603
<SEC-HEADER>0001913038-25-000006.hdr.sgml : 20250603
<ACCEPTANCE-DATETIME>20250603172329
ACCESSION NUMBER:		0001913038-25-000006
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250601
FILED AS OF DATE:		20250603
DATE AS OF CHANGE:		20250603

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Milotich Michael
		CENTRAL INDEX KEY:			0001913038
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40465
		FILM NUMBER:		251020943

	MAIL ADDRESS:	
		STREET 1:		180 GRAND AVENUE, 6TH FLOOR
		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
		EIN:				274306690
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		180 GRAND AVENUE
		STREET 2:		6TH FLOOR
		CITY:			OAKLAND
		STATE:			CA
		ZIP:			94612
		BUSINESS PHONE:		1-510-671-5437

	MAIL ADDRESS:	
		STREET 1:		180 GRAND AVENUE
		STREET 2:		6TH FLOOR
		CITY:			OAKLAND
		STATE:			CA
		ZIP:			94612
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wk-form4_1748985790.xml
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                    <value>D</value>
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                <value>2025-06-01</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
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                <transactionPricePerShare>
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                <value>Performance Stock Units (Gross Profit)</value>
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                <footnoteId id="F1"/>
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                <transactionShares>
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    <footnotes>
        <footnote id="F1">Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the &quot;Act&quot;) pursuant to Rule 16b-6(b) promulgated under the Act.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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 183 fewer shares acquired for performance at less than 100%.</footnote>
        <footnote id="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 1,862 additional shares acquired for performance at more than 100%.</footnote>
        <footnote id="F5">Each restricted stock unit is convertible into one share of Class A Common Stock.</footnote>
        <footnote id="F6">One-fourth (1/4th) of the restricted stock units vested on March 1, 2023, and 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.</footnote>
        <footnote id="F7">One-twelfth (1/12th) of the restricted stock units vested on March 1, 2023, 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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="F11">Represents the number of shares which may be issued at target under the performance stock unit (&quot;PSU&quot;) 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.</footnote>
        <footnote id="F12">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 target number of shares would vest.</footnote>
    </footnotes>

    <remarks>Interim Chief Executive Officer and Chief Financial Officer</remarks>

    <ownerSignature>
        <signatureName>/s/ Tracy Foard, Attorney-in-Fact</signatureName>
        <signatureDate>2025-06-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
