Ajay Bhalla - Mar 1, 2023 Form 4 Insider Report for Mastercard Inc (MA)

Role
President Cyber & Intelligence
Signature
/s/ Craig R. Brown, Assistant Corporate Secretary, attorney-in-fact for Ajay Bhalla pursuant to a power of attorney dated April 23, 2019.
Stock symbol
MA
Transactions as of
Mar 1, 2023
Transactions value $
-$105,000
Form type
4
Date filed
3/3/2023, 05:47 PM
Previous filing
Jan 10, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Award $0 +2.43K +71.45% $0.00 5.84K Mar 1, 2023 Direct F1
transaction MA Class A Common Stock Award $0 +695 +11.9% $0.00 6.53K Mar 1, 2023 Direct F2
transaction MA Class A Common Stock Tax liability -$105K -298 -4.56% $352.35 6.24K Mar 1, 2023 Direct F3
holding MA Class A Common Stock 119K Mar 1, 2023 See footnote below F4

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 +6.9K $0.00 6.9K Mar 1, 2023 Class A Common Stock 6.9K $353.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2024.
F2 Represents earned performance stock units granted on March 1, 2020 that contained performance-vesting requirements. The award was fully earned and vested on March 1, 2023, but will settle on March 1, 2024.
F3 Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units.
F4 The shares are directly held by a family-owned company, controlled by the reporting person.
F5 The employee stock options vest in three (3) equal annual installments beginning March 1, 2024.