Raghuvir Malhotra - May 18, 2023 Form 4 Insider Report for Mastercard Inc (MA)

Signature
Craig Brown, as attorney-in-fact for Raghu Malhotra, pursuant to a power of attorney dated April 10, 2022.
Stock symbol
MA
Transactions as of
May 18, 2023
Transactions value $
-$153,216
Form type
4
Date filed
5/19/2023, 04:29 PM
Previous filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $446K +1.54K +16.23% $290.25 11K May 18, 2023 Direct F1
transaction MA Class A Common Stock Sale -$599K -1.54K -13.96% $390.00 9.46K May 18, 2023 Direct F1

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) Options Exercise $0 -1.54K -49.98% $0.00 1.54K May 18, 2023 Class A Common Stock 1.54K $290.25 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on January 27, 2023
F2 The reporting person was awarded 3,073 employee stock options on March 1, 2020, of which 2,048 had fully vested and 1,025 will vest in two equal annual installments on March 1, 2024 and March 1, 2025.