Tullier Kelly Mahon - 01 May 2023 Form 4 Insider Report for VISA INC. (V)

Role: VICE CHAIR, CHF PPL & CORP AFF
Signature: /s/ Sue Choi, Attorney-In-Fact
Issuer symbol: V
Transactions as of: 01 May 2023
Net transactions value: -$10,352,508
Form type: 4
Filing time: 02 May 2023, 16:22:08 UTC
Previous filing: 02 Dec 2022
Next filing: 21 Nov 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	$2,239,199	+27,706	+52%	$80.82^*	80,820	01 May 2023	Direct
transaction	V	Class A Common Stock	Sale	$12,591,706	-54,146	-67%	$232.55	26,674	01 May 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	-27,706	-50%	$0.000000	27,707	01 May 2023	Class A Common Stock	27,706	$80.82	Direct	F2

* 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 disposed of in multiple transactions at prices ranging from $232.5000 - $232.7050, 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.

Content

The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $232.5000 - $232.7050, 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.

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.