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: MAHON TULLIER KELLY (EVP, GENERAL COUNSEL)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-19	Class A Common Stock	M	2445	—	Acquired	61233	Direct
2016-11-19	Class A Common Stock	F	1967	$80.82	Disposed	59266	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-19	Restricted Stock Units	$	M	2445	Disposed		Class A Common Stock (2445)	Direct
2016-11-19	Employee Stock Option (Right to Buy)	$80.82	A	55413	Acquired	2026-11-19	Class A Common Stock (55413)	Direct
2016-11-19	Restricted Stock Units	$	A	9527	Acquired		Class A Common Stock (9527)	Direct

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, 2015.

F2: 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.

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, 2016.