VISA INC. — Director's Dealing 2012

Nov 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2012-11-28

Reporting Person: LUCIO ANTONIO (GBL HEAD HR & CMO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-29	Class A Common Stock	M	15000	—	Acquired	55534	Direct
2012-11-29	Class A Common Stock	S	15000	$148.02	Disposed	40534	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-28	Performance Share Award	$0	A	6178	Acquired		Common Stock (6178)	Direct
2012-11-29	Employee Stock Option (Right to Buy)	$44.00	M	15000	Disposed	2018-03-18	Common Stock (15000)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $147.33 - $148.25, 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.

F2: Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value.

F3: Represents performance share awards earned at the completion of the performance period pursuant to the Visa Inc. 2007 Equity Incentive Compensation Plan. The earned performance share award vests in two equal installments on November 30, 2012 and 2013, respectively.

F4: This option was granted on March 18, 2008 and vested in three installments over a three-year period after the date of grant.