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Mastercard Inc — Director's Dealing 2024
Mar 5, 2024
29747_dirs_2024-03-05_66e202b8-a789-4ddc-a9c4-5dab1f9adefc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Mastercard Inc (MA)
CIK: 0001141391
Period of Report: 2024-03-01
Reporting Person: Miebach Michael (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Class A Common Stock | M | 7851 | $112.31 | Acquired | 55490.948 | Direct |
| 2024-03-01 | Class A Common Stock | S | 1800 | $474.7074 | Disposed | 53690.948 | Direct |
| 2024-03-01 | Class A Common Stock | S | 3201 | $475.8739 | Disposed | 50489.948 | Direct |
| 2024-03-01 | Class A Common Stock | S | 2850 | $476.7344 | Disposed | 47639.948 | Direct |
| 2024-03-01 | Class A Common Stock | F | 4548 | $475.70 | Disposed | 43091.948 | Direct |
| 2024-03-01 | Class A Common Stock | A | 9855 | — | Acquired | 52946.948 | Direct |
| 2024-03-01 | Class A Common Stock | F | 1595 | $475.70 | Disposed | 51351.948 | Direct |
| 2024-03-01 | Class A Common Stock | A | 30752 | — | Acquired | 82103.948 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | Employee Stock Option (right to buy) | $112.31 | M | 7851 | Disposed | 2027-03-01 | Class A Common Stock (7851) | Direct |
| 2024-03-01 | Employee Stock Option (right ro buy) | $476.63 | A | 28241 | Acquired | 2034-03-01 | Class A Common Stock (28241) | Direct |
Footnotes
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 November 2, 2023.
F2: The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $474.29 to $475.25. 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 $475.29 to $476.24. 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 $476.37 to $476.99. 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: Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units.
F6: Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2025.
F7: 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.
F8: 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. The award is net withholding of shares to pay tax liability incident to the vesting of the award.
F9: The reporting person was awarded 47,104 employee stock options on March 1, 2017, which had fully vested.
F10: The employee stock options vest in three (3) equal annual installments beginning March 1, 2025.