Alfred F. Kelly Jr - Nov 30, 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 30, 2021
Transactions value $
-$8,367,401
Form type
4
Date filed
12/1/2021, 08:12 PM
Previous filing
Nov 23, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction V Class A Common Stock Options Exercise $242K +3K +2.01% $80.82 152K Nov 30, 2021 Direct
transaction V Class A Common Stock Options Exercise $329K +3K +1.97% $109.82 155K Nov 30, 2021 Direct
transaction V Class A Common Stock Sale -$1.76M -9K -5.79% $195.27 146K Nov 30, 2021 Direct F1
transaction V Class A Common Stock Options Exercise +70.5K +48.11% 217K Nov 30, 2021 Direct F2
transaction V Class A Common Stock Tax liability -$7.18M -37.1K -17.09% $193.77 180K Nov 30, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -3K -2.71% $0.00 108K Nov 30, 2021 Class A Common Stock 3K $80.82 Direct F3
transaction V Employee Stock Option (Right to Buy) Options Exercise $0 -3K -1.91% $0.00 154K Nov 30, 2021 Class A Common Stock 3K $109.82 Direct F4
transaction V Performance Share Award Award +70.5K 70.5K Nov 30, 2021 Class A Common Stock 70.5K Direct F2, F5
transaction V Performance Share Award Options Exercise -70.5K -100% 0 Nov 30, 2021 Class A Common Stock 70.5K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan dated September 13, 2021 adopted by the reporting person.
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.
F3 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, 2016.
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, 2017.
F5 Represents performance shares earned pursuant to the November 19, 2018 award under the Visa Inc. 2007 Equity Incentive Compensation Plan. The number of performance shares earned was determined on the basis of the applicable 3-year performance period.