Ajay Bhalla - Mar 1, 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.
Stock symbol
MA
Transactions as of
Mar 1, 2024
Transactions value $
-$219,773
Form type
4
Date filed
3/5/2024, 08:17 PM
Previous filing
Jan 23, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Tax liability -$140K -295 -4.73% $475.70 5.94K Mar 1, 2024 Direct F1
transaction MA Class A Common Stock Award $0 +2.01K +33.9% $0.00 7.95K Mar 1, 2024 Direct F2
transaction MA Class A Common Stock Tax liability -$79.4K -167 -2.1% $475.70 7.79K Mar 1, 2024 Direct F3
transaction MA Class A Common Stock Award $0 +6.31K +80.99% $0.00 14.1K Mar 1, 2024 Direct F4
holding MA Class A Common Stock 119K Mar 1, 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 +5.77K $0.00 5.77K Mar 1, 2024 Class A Common Stock 5.77K $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.