Mastercard Inc — Director's Dealing 2022

May 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mastercard Inc (MA)
CIK: 0001141391
Period of Report: 2022-04-29

Reporting Person: Seshadri Raj (President, Data & Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-29	Class A Common Stock	M	7000	$112.31	Acquired	17439.33	Direct
2022-04-29	Class A Common Stock	S	400	$362.105	Disposed	17039.33	Direct
2022-04-29	Class A Common Stock	S	333	$363.178	Disposed	16706.33	Direct
2022-04-29	Class A Common Stock	S	900	$365.5267	Disposed	15806.33	Direct
2022-04-29	Class A Common Stock	S	1708	$366.375	Disposed	14098.33	Direct
2022-04-29	Class A Common Stock	S	400	$367.3675	Disposed	13698.33	Direct
2022-04-29	Class A Common Stock	S	1559	$368.5388	Disposed	12139.33	Direct
2022-04-29	Class A Common Stock	S	700	$369.60	Disposed	11439.33	Direct
2022-04-29	Class A Common Stock	S	400	$370.8325	Disposed	11039.33	Direct
2022-04-29	Class A Common Stock	S	400	$373.6675	Disposed	10639.33	Direct
2022-04-29	Class A Common Stock	S	200	$376.14	Disposed	10439.33	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-29	Employee Stock Option (right to buy)	$112.31	M	7000	Disposed	2027-03-01	Class A Common Stock (7000.0)	Direct

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 planwas adopted by the reporting person for personal financial management purposes on March 10, 2022.

F2: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $361.8500 to $362.4300. 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 $362.9500 to $363.5300. 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 $364.9800 to $365.8300. 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 $366.0200 to $366.8400. 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 $367.0400 to $367.9500. 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 $368.0600 to $369.0200. 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 $369.2000 to $370.0200. 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 $370.5800 to $370.9700. 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 price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $373.5000 to $373.8000. 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.

F11: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $376.1400 to $376.1400. 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.

F12: The reporting person was awarded 17,664 employee stock options on March 1, 2017, which had fully vested.