Michael B. G. Froman - 01 Mar 2022 Form 4 Insider Report for Mastercard Inc (MA)

Signature
Craig Brown, as attorney-in-fact for Michael Froman, pursuant to a power of attorney dated March 21, 2019
Issuer symbol
MA
Transactions as of
01 Mar 2022
Net transactions value
-$184,134
Form type
4
Filing time
03 Mar 2022, 15:54:50 UTC
Previous filing
04 Jan 2022
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Tax liability $184,134 -524 -14% $351.40 3,226 01 Mar 2022 Direct F1, F2
transaction MA Class A Common Stock Award $0 +2,818 +87% $0.000000 6,044 01 Mar 2022 Direct F3
holding MA Class A Common Stock 4,829 01 Mar 2022 By GRAT F2

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 MA Employee Stock Option (right to buy) Award $0 +11,045 $0.000000 11,045 01 Mar 2022 Class A Common Stock 11,045 $344.48 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units pursuant to the terms of a stockholder-approved plan.
F2 On May 14, 2021 the reporting person transferred 4,829 shares of Class A Common Stock to a Grantor Retained Annuity Trust (GRAT), of which the reporting person is a trustee. The transaction was part of routine financial management and was exempt from reporting.
F3 Award of restricted stock units pursuant to the terms of a stockholder-approved plan that will vest in three (3) equal annual installments beginning March 1, 2023.
F4 The employee stock options vest in three (3) equal annual installments beginning March 1, 2023.