Alfred F. Kelly Jr - Nov 30, 2023 Form 4 Insider Report for VISA INC. (V)

Role: EXECUTIVE CHAIRMAN, Director
Signature: /s/ Sue Choi, Attorney-In-Fact
Stock symbol: V
Transactions as of: Nov 30, 2023
Transactions value $: -$12,928,189
Form type: 4
Date filed: 12/4/2023, 07:10 PM
Previous filing: Nov 21, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	V	Class A Common Stock	Options Exercise		+92.2K	+60.37%		245K	Nov 30, 2023	Direct	F1
transaction	V	Class A Common Stock	Tax liability	-$12.1M	-47K	-19.17%	$256.68	198K	Nov 30, 2023	Direct
transaction	V	Class A Common Stock	Options Exercise		+6.68K	+3.37%		205K	Dec 1, 2023	Direct	F2
transaction	V	Class A Common Stock	Tax liability	-$872K	-3.4K	-1.66%	$256.45	201K	Dec 1, 2023	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	Performance Share Award	Award		+92.2K			92.2K	Nov 30, 2023	Class A Common Stock	92.2K		Direct	F1, F3
transaction	V	Performance Share Award	Options Exercise		-92.2K	-100%		0	Nov 30, 2023	Class A Common Stock	92.2K		Direct	F1, F3
transaction	V	Restricted Stock Units	Options Exercise		-6.68K	-33.33%		13.4K	Dec 1, 2023	Class A Common Stock	6.68K		Direct	F2

* 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.
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. The restricted stock units vest in three installments: one-third on December 1, 2023; one-third on January 1, 2024; and one-third on February 1, 2024, respectively after the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2023.
F3	Represents performance shares earned pursuant to the November 19, 2020 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.