R. Venkata Madabhushi - Sep 20, 2024 Form 4 Insider Report for Mastercard Inc (MA)

Role
Chief Marketing Officer
Signature
Craig Brown, as attorney-in-fact for Venkata Madabhushi pursuant to a power of attorney date April 23, 2019
Stock symbol
MA
Transactions as of
Sep 20, 2024
Transactions value $
-$1,400,022
Form type
4
Date filed
9/23/2024, 04:27 PM
Previous filing
Sep 17, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $895K +2.6K +15.18% $344.48 19.7K Sep 20, 2024 Direct F1
transaction MA Class A Common Stock Sale -$2.29M -4.69K -23.76% $489.86 15K Sep 20, 2024 Direct F1, 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 -2.6K -46.54% $0.00 2.98K Sep 20, 2024 Class A Common Stock 2.6K $344.48 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 transaction was 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 14, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $489.18 to $490.00. 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 The reporting person was awarded 8,054 employee stock options on March 1, 2022. Of the remaining 2,984 employee stock options, 299 have vested and 2,685 will vest on March 1, 2025.