Alfred F. Kelly Jr. - 06 Mar 2023 Form 4 Insider Report for VISA INC. (V)

Role
EXECUTIVE CHAIRMAN, Director
Signature
/s/ Sue Choi, Attorney-In-Fact
Issuer symbol
V
Transactions as of
06 Mar 2023
Net transactions value
-$8,444,921
Form type
4
Filing time
08 Mar 2023, 16:59:41 UTC
Previous filing
18 Jan 2023
Next filing
02 May 2023
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 $2,020,500 +25,000 +15% $80.82 197,354 06 Mar 2023 Direct
transaction V Class A Common Stock Options Exercise $2,525,860 +23,000 +12% $109.82 220,354 06 Mar 2023 Direct
transaction V Class A Common Stock Sale $12,991,281 -58,000 -26% $223.99 162,354 06 Mar 2023 Direct F1

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 -25,000 -32% $0.000000 52,904 06 Mar 2023 Class A Common Stock 25,000 $80.82 Direct F2
transaction V Employee Stock Option (Right to Buy) Options Exercise $0 -23,000 -19% $0.000000 100,728 06 Mar 2023 Class A Common Stock 23,000 $109.82 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $223.7300 - $224.2100, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.
F2 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.
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, 2017.