Ajay Bhalla - 01 Mar 2024 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.
Issuer symbol
MA
Transactions as of
01 Mar 2024
Net transactions value
-$219,773
Form type
4
Filing time
05 Mar 2024, 20:17:27 UTC
Previous filing
23 Jan 2024
Next filing
24 Jun 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 Tax liability $140,332 -295 -4.7% $475.70 5,940 01 Mar 2024 Direct F1
transaction MA Class A Common Stock Award $0 +2,014 +34% $0.000000 7,954 01 Mar 2024 Direct F2
transaction MA Class A Common Stock Tax liability $79,442 -167 -2.1% $475.70 7,787 01 Mar 2024 Direct F3
transaction MA Class A Common Stock Award $0 +6,307 +81% $0.000000 14,094 01 Mar 2024 Direct F4
holding MA Class A Common Stock 119,127 01 Mar 2024 See footnote below F5

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 ro buy) Award $0 +5,770 $0.000000 5,770 01 Mar 2024 Class A Common Stock 5,770 $476.63 Direct F6
* 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, 2025.
F3 Represents withholding of shares to pay tax liability incident to the settlement of performance stock units that were fully earned and vested on March 1, 2023, and settled on March 1, 2024.
F4 Represents earned performance stock units granted on March 1, 2021 that contained performance-vesting requirements. The award was fully earned and vested on March 1, 2024, but will settle on March 1, 2025.
F5 The shares are directly held by a family-owned company, controlled by the reporting person.
F6 The employee stock options vest in three (3) equal annual installments beginning March 1, 2025.