James H. Hoffmeister - 19 Nov 2021 Form 4 Insider Report for VISA INC. (V)

Role: GBL CORP CONTROLLER, CAO
Signature: /s/ Sue Choi, Attorney-In-Fact
Issuer symbol: V
Transactions as of: 19 Nov 2021
Net transactions value: -$184,590
Form type: 4
Filing time: 23 Nov 2021, 20:39:44 UTC
Next filing: 02 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	V	Class A Common Stock	Options Exercise		+1,113			1,113	19 Nov 2021	Direct	F1
transaction	V	Class A Common Stock	Options Exercise		+821	+74%		1,934	19 Nov 2021	Direct	F2
transaction	V	Class A Common Stock	Options Exercise		+722	+37%		2,656	19 Nov 2021	Direct	F3
transaction	V	Class A Common Stock	Tax liability	$184,590	-919	-35%	$200.86	1,737	19 Nov 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		-1,113	-100%		0	19 Nov 2021	Class A Common Stock	1,113		Direct	F1
transaction	V	Restricted Stock Units	Options Exercise		-821	-50%		821	19 Nov 2021	Class A Common Stock	821		Direct	F2
transaction	V	Restricted Stock Units	Options Exercise		-722	-33%		1,446	19 Nov 2021	Class A Common Stock	722		Direct	F3
transaction	V	Employee Stock Option (Right to Buy)	Award	$0	+3,476		$0.000000	3,476	19 Nov 2021	Class A Common Stock	3,476	$200.86	Direct	F4
transaction	V	Restricted Stock Units	Award		+2,240			2,240	19 Nov 2021	Class A Common Stock	2,240		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.