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VISA INC. — Director's Dealing 2012
Dec 19, 2012
29744_dirs_2012-12-19_99a51710-31af-4843-8f6c-8bd2c84bbeeb.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: 2012-12-17
Reporting Person: SAUNDERS JOSEPH W (Director, EXECUTIVE CHAIRMAN)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-17 | Class A Common Stock | M | 75701 | — | Acquired | 117604 | Direct |
| 2012-12-17 | Class A Common Stock | M | 111309 | — | Acquired | 228913 | Direct |
| 2012-12-17 | Class A Common Stock | M | 45043 | — | Acquired | 273956 | Direct |
| 2012-12-17 | Class A Common Stock | S | 242295 | $148.21 | Disposed | 31661 | Direct |
| 2012-12-17 | Class A Common Stock | S | 91112 | $148.21 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-17 | Employee Stock Option (Right to Buy) | $56.47 | M | 75701 | Disposed | 2018-11-05 | Common Stock (75701) | Direct |
| 2012-12-17 | Employee Stock Option (Right to Buy) | $79.59 | M | 111309 | Disposed | 2019-11-05 | Common Stock (111309) | Direct |
| 2012-12-17 | Employee Stock Option (Right to Buy) | $79.80 | M | 45043 | Disposed | 2020-11-05 | Common Stock (45043) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| 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 November 16, 2012.
F2: The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $146.97 - $149.10, 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: This option was granted on November 5, 2008 and vested in three installments over a three-year period after the date of grant.
F4: This option was granted on November 5, 2009 and vested in three installments over a three-year period after the date of grant.
F5: This option was granted on November 5, 2010 and vests 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.