Paul D. Fabara - Jan 31, 2022 Form 4 Insider Report for VISA INC. (V)

Role: CHIEF RISK OFFICER
Signature: /s/ Sue Choi, Attorney-In-Fact
Stock symbol: V
Transactions as of: Jan 31, 2022
Transactions value $: -$1,328,070
Form type: 4
Date filed: 2/2/2022, 03:32 PM
Previous filing: Nov 23, 2021
Next filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	V	Class A Common Stock	Options Exercise		+12.7K	+68.34%		31.4K	Jan 31, 2022	Direct	F1
transaction	V	Class A Common Stock	Tax liability	-$1.33M	-5.87K	-18.71%	$226.17	25.5K	Jan 31, 2022	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		-12.7K	-100%		0	Jan 31, 2022	Class A Common Stock	12.7K		Direct	F1

* 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 installments: 34% on January 31, 2020, 33% on January 31, 2021 and 33% on January 31, 2022, respectively after the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement.

Content

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 installments: 34% on January 31, 2020, 33% on January 31, 2021 and 33% on January 31, 2022, respectively after the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement.