Hai Ling - 01 Mar 2023 Form 4 Insider Report for Mastercard Inc (MA)

Role
Co-President, Intl Markets
Signature
Craig Brown, as attorney-in-fact for Hai Ling, pursuant to a power of attorney dated April 10, 2022.
Issuer symbol
MA
Transactions as of
01 Mar 2023
Net transactions value
-$84,212
Form type
4
Filing time
03 Mar 2023, 17:52:10 UTC
Previous filing
28 Feb 2023
Next filing
05 Jul 2023
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 Tax liability $84,212 -239 -0.9% $352.35 26,257 01 Mar 2023 Direct F1
transaction MA Class A Common Stock Award $0 +1,947 +7.4% $0.000000 28,204 01 Mar 2023 Direct F2
transaction MA Class A Common Stock Award $0 +338 +1.2% $0.000000 28,542 01 Mar 2023 Direct F3

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 +5,519 $0.000000 5,519 01 Mar 2023 Class A Common Stock 5,519 $353.50 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.
F2 Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2024.
F3 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.
F4 The employee stock options vest in three (3) equal annual installments beginning March 1, 2024.