Mastercard Inc — Director's Dealing 2021

May 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mastercard Inc (MA)
CIK: 0001141391
Period of Report: 2021-04-30

Reporting Person: BANGA AJAY (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-30	Class A Common Stock	M	130000	$77.72	Acquired	406848	Direct
2021-04-30	Class A Common Stock	S	11168	$376.1746	Disposed	395680	Direct
2021-04-30	Class A Common Stock	S	10350	$377.2383	Disposed	385330	Direct
2021-04-30	Class A Common Stock	S	2947	$378.4103	Disposed	382383	Direct
2021-04-30	Class A Common Stock	S	35517	$379.3123	Disposed	346866	Direct
2021-04-30	Class A Common Stock	S	21944	$380.1709	Disposed	324922	Direct
2021-04-30	Class A Common Stock	S	4693	$381.2781	Disposed	320229	Direct
2021-04-30	Class A Common Stock	S	21446	$382.468	Disposed	298783	Direct
2021-04-30	Class A Common Stock	S	21835	$383.1638	Disposed	276948	Direct
2021-04-30	Class A Common Stock	S	100	$383.84	Disposed	276848	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Employee Stock Option (right to buy)	$77.72	M	130000	Disposed	2024-03-01	Class A Common Stock (130000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	15000	Indirect
Class A Common Stock	53629	Indirect
Class A Common Stock	59722	Indirect

Footnotes

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 March 12, 2021.

F2: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $375.78 to $376.71. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F3: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $376.81 to $377.77. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F4: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $377.81 to $378.78. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F5: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $378.81 to $379.80. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F6: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $379.82 to $380.81. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F7: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $380.83 to $381.75. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F8: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $381.83 to $382.82. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F9: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $382.83 to $383.72. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.

F10: The reporting person was awarded 297,412 employee stock options on March 1, 2014, which had fully vested.