VISA INC. — Director's Dealing 2016

Nov 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2016-11-19

Reporting Person: RICHEY ELLEN (VICE CHAIR RISK & PUB POLICY)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-19	Class A Common Stock	M	2432	—	Acquired	2432	Direct
2016-11-19	Class A Common Stock	M	2396	—	Acquired	4828	Direct
2016-11-19	Class A Common Stock	M	2401	—	Acquired	7229	Direct
2016-11-19	Class A Common Stock	F	3151	$80.82	Disposed	4078	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-19	Restricted Stock Units	$	M	2432	Disposed		Class A Common Stock (2432)	Direct
2016-11-19	Restricted Stock Units	$	M	2396	Disposed		Class A Common Stock (2396)	Direct
2016-11-19	Restricted Stock Units	$	M	2401	Disposed		Class A Common Stock (2401)	Direct
2016-11-19	Employee Stock Option (Right to Buy)	$80.82	A	36882	Acquired	2026-11-19	Class A Common Stock (36882)	Direct
2016-11-19	Restricted Stock Units	$	A	6341	Acquired		Class A Common Stock (6341)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	31260	Indirect

Footnotes

F1: 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. The award was granted on November 19, 2013.

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. 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. The award was granted on November 19, 2014.

F3: 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. The award was granted on November 19, 2015.

F4: 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. The option was granted on November 19, 2016.

F5: 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. The award was granted on November 19, 2016.