Hai Ling - 28 Aug 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
28 Aug 2023
Net transactions value
-$7,402,400
Form type
4
Filing time
30 Aug 2023, 16:03:17 UTC
Previous filing
05 Jul 2023
Next filing
05 Mar 2024
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 Options Exercise $258,341 +3,324 +12% $77.72* 30,870 28 Aug 2023 Direct F1
transaction MA Class A Common Stock Sale $1,346,981 -3,324 -11% $405.23 27,546 28 Aug 2023 Direct F1, F2
transaction MA Class A Common Stock Options Exercise $258,341 +3,324 +12% $77.72* 30,870 29 Aug 2023 Direct F1
transaction MA Class A Common Stock Sale $5,450,983 -13,293 -43% $410.06 17,577 29 Aug 2023 Direct F1, F3
transaction MA Class A Common Stock Options Exercise $258,341 +3,324 +19% $77.72* 20,901 30 Aug 2023 Direct F1
transaction MA Class A Common Stock Sale $1,379,460 -3,324 -16% $415.00 17,577 30 Aug 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 -3,324 -33% $0.000000 6,648 28 Aug 2023 Class A Common Stock 3,324 $77.72 Direct F1, F4
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -3,324 -50% $0.000000 3,324 29 Aug 2023 Class A Common Stock 3,324 $77.72 Direct F1, F4
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -3,324 -100% $0.000000* 0 30 Aug 2023 Class A Common Stock 3,324 $77.72 Direct F1, F4
* 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 This transaction was executed in multiple trades at prices ranging from $405.00 to $405.45. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $410.00 to $410.35. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 The reporting person was awarded 9,972 employee stock options on March 1, 2014, which had fully vested.