Filing Details
- Accession Number:
- 0001758730-23-000105
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-22 17:00:53
- Reporting Period:
- 2023-03-20
- Accepted Time:
- 2023-03-22 17:00:53
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1758730 | Tradeweb Markets Inc. | TW | Security & Commodity Brokers, Dealers, Exchanges & Services (6200) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1771194 | William Hult | Tradeweb Markets Inc. 1177 Avenue Of The Americas New York NY 10036 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2023-03-20 | 7,944 | $75.04 | 182,806 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-03-20 | 82 | $0.00 | 182,888 | No | 4 | A | Direct | |
| Class A Common Stock | Acquisiton | 2023-03-20 | 45,000 | $20.59 | 227,888 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-03-20 | 45,000 | $75.22 | 182,888 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2023-03-21 | 30,000 | $20.59 | 212,888 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-03-21 | 30,000 | $75.32 | 182,888 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-20 | 45,000 | $0.00 | 45,000 | $20.59 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-21 | 30,000 | $0.00 | 30,000 | $20.59 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 307,900 | 2028-10-26 | No | 4 | M | Direct | |
| 277,900 | 2028-10-26 | No | 4 | M | Direct |
Footnotes
- Represents shares withheld by the issuer to satisfy the tax withholding obligation associated with the settlement of restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") held by the reporting person.
- This amount includes (i) 8,281 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on March 15, 2024, (ii) 49,688 unvested RSUs in respect of Class A Common Stock that are scheduled to vest on January 1, 2024, (iii) 17,309 unvested RSUs in respect of Class A Common Stock that are scheduled to vest in equal installments on March 15, 2024 and March 15, 2025, (iv) 31,268 unvested RSUs in respect of Class A Common Stock that are rescheduled to vest on January 1, 2025, and (v) 43,128 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on March 15, 2024, March 15, 2025 and March 15, 2026, in each case, subject to the reporting person's continued employment through the applicable vesting date.
- Represents shares of Class A Common Stock acquired in connection with the settlement of certain dividend equivalent rights (the "DERs"). The DERs were granted in connection with previously awarded RSUs, and settled in shares of Class A Common Stock in connection with the settlement of the RSUs to which they relate.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 15, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.42 to $75.77, inclusive. The reporting person undertakes to provide 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 footnotes 5 and 6 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.58 to $75.68, inclusive.
- This option is fully vested and exercisable as of the date hereof.
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