John A. Swainson - 12 Aug 2021 Form 4 Insider Report for VISA INC. (V)

Role
Director
Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
12 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 16:28:30 UTC
Next filing
27 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Gift $0 -3,263 -12% $0.000000 24,759 12 Aug 2021 JAS GRAT 2020-4 F1
transaction V Class A Common Stock Gift $0 +3,263 +20% $0.000000 19,516 12 Aug 2021 Direct F1
transaction V Class A Common Stock Gift $0 -3,263 -12% $0.000000 24,759 12 Aug 2021 LMS GRAT 2020-4 F1
transaction V Class A Common Stock Gift $0 +3,263 +17% $0.000000 22,779 12 Aug 2021 Direct F1
transaction V Class A Common Stock Gift $0 -3,263 -14% $0.000000 19,516 12 Aug 2021 Direct
transaction V Class A Common Stock Gift $0 +3,263 $0.000000 3,263 12 Aug 2021 JAS Trust 4-2020 F2
transaction V Class A Common Stock Gift $0 -3,263 -17% $0.000000 16,253 12 Aug 2021 Direct
transaction V Class A Common Stock Gift $0 +3,263 $0.000000 3,263 12 Aug 2021 LMS Trust 11-2020 F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person, John A. Swainson (JAS), held 56,044 shares in a Tenants in Common account with his wife, Linda M. Swainson (LMS). On 8/13/2020, JAS transferred his 50% interest in such account (28,022 shares) to the JAS GRAT 2020-4 (a grantor retained annuity trust (GRAT)) and LMS transferred her 50% interest in such account (28,022 shares) to the LMS GRAT 2020-4. Pursuant to the JAS GRAT 2020-4 and LMS GRAT 2020-4 Trust Agreements, an annual annuity payment of 3,263 shares was made to each of JAS and LMS, respectively. JAS is the sole Trustee of the JAS GRAT 2020-4 and the LMS GRAT 2020-4, each of which was established for estate planning purposes.
F2 JAS is the sole Trustee of each of the John A Swainson Irrevocable Trust and the Linda M Swainson Irrevocable Trust, each of which was established for estate planning purposes.