VISA INC. — Director's Dealing 2012

Nov 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2012-11-05

Reporting Person: SAUNDERS JOSEPH W (Director, EXECUTIVE CHAIRMAN)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-05	Class A Common Stock	M	6874	—	Acquired	6874	Direct
2012-11-05	Class A Common Stock	M	6895	—	Acquired	13769	Direct
2012-11-05	Class A Common Stock	M	4934	—	Acquired	18703	Direct
2012-11-05	Class A Common Stock	F	8461	$141.50	Disposed	10242	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-05	Restricted Stock Units	$0	M	6874	Disposed	2019-11-05	Common Stock (6874)	Direct
2012-11-05	Restricted Stock Units	$0	M	6895	Disposed	2020-11-05	Common Stock (6895)	Direct
2012-11-05	Restricted Stock Units	$0	M	4934	Disposed	2021-11-05	Common Stock (4934)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	375	Indirect
Class A Common Stock	91112	Indirect

Footnotes

F1: Represents restricted stock units granted pursuant to the Visa Inc. 2007 Equity Incentive Compensation Plan. 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 specified in the award agreement.

F2: This restricted stock unit was granted on November 5, 2009.

F3: This restricted stock unit was granted on November 5, 2010.

F4: This restricted stock unit was granted on November 5, 2011.