VISA INC. — Director's Dealing 2011

Sep 21, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2011-09-19

Reporting Person: SAUNDERS JOSEPH W (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-19	Class A Common Stock	S	12420	$89.77	Disposed	66081	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	39614	Direct
Class A Common Stock	375	Indirect

Footnotes

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

F2: The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $88.74 - $90.64, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.

F3: Since the date of the reporting person's last ownership report, 72,500 shares which were previously held directly were transferred to the Joseph W. and Sharon P. Saunders Trust, of which Mr. Saunders and his wife are the sole trustees and beneficiaries.