Ajay Banga - 13 May 2021 Form 4 Insider Report for Mastercard Inc (MA)

Role: Executive Chairman, Director
Signature: /s/ Craig R. Brown, Assistant Corporate Secretary, attorney-in-fact for Ajaypal S. Banga pursuant to a power of attorney dated September 16, 2014
Issuer symbol: MA
Transactions as of: 13 May 2021
Net transactions value: $0
Form type: 4
Filing time: 18 May 2021, 17:00:39 UTC
Next filing: 15 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MA	Class A Common Stock	Gift	$0	-2,743	-1.1%	$0.000000	257,776	18 May 2021	Direct	F1, F2
transaction	MA	Class A Common Stock	Gift	$0	-18,142	-34%	$0.000000	35,487	13 May 2021	By Trust	F1
transaction	MA	Class A Common Stock	Gift	$0	+18,142	+121%	$0.000000	33,142	13 May 2021	By Trust (Spouse)	F1
holding	MA	Class A Common Stock						76,051	13 May 2021	By GRAT	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported in this form were entered into by the reporting person as part of routine personal financial management.
F2	On May 11-12, 2021, a Grantor Retained Annuity Trust (GRAT), of which the reporting person is a trustee, transferred 8,671 shares of Class A Common Stock to the reporting person and the reporting person transferred 25,000 shares of Class A Common Stock to a GRAT of which the reporting person is a trustee. These transactions were part of routine financial management and were exempt from reporting.