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VISA INC. — Director's Dealing 2011
Nov 8, 2011
29744_dirs_2011-11-08_57c8419d-ea6e-4ab8-998a-39ef1b8aa871.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2011-11-05
Reporting Person: POLLITT BYRON H JR (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-05 | Class A Common Stock | M | 13282 | — | Acquired | 32765 | Direct |
| 2011-11-05 | Class A Common Stock | F | 11101 | $92.64 | Disposed | 21664 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-05 | Performance Share Award | $0 | M | 13282 | Disposed | Common Stock (13282) | Direct | |
| 2011-11-05 | Employee Stock Option (Right to Buy) | $92.64 | A | 21165 | Acquired | 2021-11-05 | Common Stock (21165) | Direct |
| 2011-11-05 | Restricted Stock Units | $0 | A | 6747 | Acquired | 2021-11-05 | Common Stock (6747) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 27625 | Indirect |
Footnotes
F1: Since the date of the reporting person's last ownership report, 13,199 shares which were previously held directly were transferred to the Pollitt Family Trust, of which Mr. Pollitt and his wife are the sole trustees and beneficiaries.
F2: Represents performance share awards granted and earned pursuant to the Visa Inc. 2007 Equity Incentive Compensation Plan. The performance shares award earned vests in two equal installments on each of the first two anniversaries of the date earned which were November 5, 2010 and 2011, respectively.
F3: Options vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement.
F4: Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement.