Alfred F. Kelly Jr. - 30 Nov 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: 30 Nov 2023
Net transactions value: -$12,928,189
Form type: 4
Filing time: 04 Dec 2023, 19:10:45 UTC
Previous filing: 21 Nov 2023
Next filing: 03 Jan 2024
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		+92,244	+60%		245,046	30 Nov 2023	Direct	F1
transaction	V	Class A Common Stock	Tax liability	$12,056,003	-46,969	-19%	$256.68	198,077	30 Nov 2023	Direct
transaction	V	Class A Common Stock	Options Exercise		+6,678	+3.4%		204,755	01 Dec 2023	Direct	F2
transaction	V	Class A Common Stock	Tax liability	$872,186	-3,401	-1.7%	$256.45	201,354	01 Dec 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		+92,244			92,244	30 Nov 2023	Class A Common Stock	92,244		Direct	F1, F3
transaction	V	Performance Share Award	Options Exercise		-92,244	-100%		0	30 Nov 2023	Class A Common Stock	92,244		Direct	F1, F3
transaction	V	Restricted Stock Units	Options Exercise		-6,678	-33%		13,357	01 Dec 2023	Class A Common Stock	6,678		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.