VISA INC. — Director's Dealing 2011

Dec 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2011-11-30

Reporting Person: Floum Joshua R. (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-30	Class A Common Stock	M	4530	—	Acquired	43685	Direct
2011-11-30	Class A Common Stock	F	2115	$96.97	Disposed	41570	Direct
2011-12-01	Class A Common Stock	M	5329	—	Acquired	46899	Direct
2011-12-01	Class A Common Stock	S	15250	$97.50	Disposed	31649	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-30	Performance Share Award	$0	M	4530	Disposed		Common Stock (4530)	Direct
2011-12-01	Employee Stock Option (Right to Buy)	$44.00	M	5329	Disposed	2018-03-18	Common Stock (5329)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 2, 2011.

F2: Represents performance share awards granted and earned pursuant to the Visa Inc. 2007 Equity Incentive Compensation Plan. The earned performance share award vests in two equal installments on November 30, 2011 and 2012, respectively.

F3: This option was granted on March 18, 2008 and vested in three installments over a three-year period after the date of grant.