Ajay Bhalla - Dec 13, 2023 Form 4 Insider Report for Mastercard Inc (MA)

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
Dec 13, 2023
Transactions value $
-$1,371,962
Form type
4
Date filed
12/15/2023, 06:01 PM
Previous filing
Sep 21, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $361K +4K +64.15% $90.13* 10.2K Dec 13, 2023 Direct F1
transaction MA Class A Common Stock Sale -$1.7M -4K -39.08% $425.00 6.24K Dec 13, 2023 Direct F1
transaction MA Class A Common Stock Options Exercise $8.74K +97 +1.56% $90.13* 6.33K Dec 14, 2023 Direct F1
transaction MA Class A Common Stock Sale -$41.2K -97 -1.53% $425.00 6.24K Dec 14, 2023 Direct F1
holding MA Class A Common Stock 119K Dec 13, 2023 See footnote below 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) Options Exercise $0 -4K -48.81% $0.00 4.2K Dec 13, 2023 Class A Common Stock 4K $90.13 Direct F1, F3
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -97 -2.31% $0.00 4.1K Dec 14, 2023 Class A Common Stock 97 $90.13 Direct F1, F3
* 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 June 15, 2023.
F2 The shares are directly held by a family-owned company, controlled by the reporting person.
F3 The reporting person was awarded 12,292 employee stock options on March 1, 2015, which had fully vested.