Alfred F. Kelly Jr - Nov 19, 2021 Form 4 Insider Report for VISA INC. (V)

Role: CHAIRMAN & CEO, Director
Signature: /s/ Sue Choi, Attorney-In-Fact
Stock symbol: V
Transactions as of: Nov 19, 2021
Transactions value $: -$2,786,129
Form type: 4
Date filed: 11/23/2021, 08:07 PM
Previous filing: Nov 1, 2021
Next filing: Dec 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	V	Class A Common Stock	Options Exercise		+10.7K	+7.84%		147K	Nov 19, 2021	Direct	F1
transaction	V	Class A Common Stock	Options Exercise		+8.32K	+5.67%		155K	Nov 19, 2021	Direct	F2
transaction	V	Class A Common Stock	Options Exercise		+8.23K	+5.31%		163K	Nov 19, 2021	Direct	F3
transaction	V	Class A Common Stock	Tax liability	-$2.79M	-13.9K	-8.49%	$200.86	149K	Nov 19, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	V	Restricted Stock Units	Options Exercise		-10.7K	-100%		0	Nov 19, 2021	Class A Common Stock	10.7K		Direct	F1
transaction	V	Restricted Stock Units	Options Exercise		-8.32K	-50%		8.32K	Nov 19, 2021	Class A Common Stock	8.32K		Direct	F2
transaction	V	Restricted Stock Units	Options Exercise		-8.23K	-33.33%		16.5K	Nov 19, 2021	Class A Common Stock	8.23K		Direct	F3
transaction	V	Employee Stock Option(Right to Buy)	Award	$0	+123K		$0.00	123K	Nov 19, 2021	Class A Common Stock	123K	$200.86	Direct	F4
transaction	V	Restricted Stock Units	Award		+26.5K			26.5K	Nov 19, 2021	Class A Common Stock	26.5K		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2018.
F2	Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2019.
F3	Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2020.
F4	Options vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The option was granted on November 19, 2021.
F5	Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2021.