Ajay Banga - May 13, 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
Stock symbol: MA
Transactions as of: May 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/18/2021, 05:00 PM
Next filing: Jul 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MA	Class A Common Stock	Gift	$0	-2.74K	-1.05%	$0.00	258K	May 18, 2021	Direct	F1, F2
transaction	MA	Class A Common Stock	Gift	$0	-18.1K	-33.83%	$0.00	35.5K	May 13, 2021	By Trust	F1
transaction	MA	Class A Common Stock	Gift	$0	+18.1K	+120.95%	$0.00	33.1K	May 13, 2021	By Trust (Spouse)	F1
holding	MA	Class A Common Stock						76.1K	May 13, 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.