VISA INC. — Director's Dealing 2017

Nov 22, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2017-11-19

Reporting Person: MCINERNEY RYAN (PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-19	Class A Common Stock	M	6141	—	Acquired	11097	Direct
2017-11-19	Class A Common Stock	M	5928	—	Acquired	17025	Direct
2017-11-19	Class A Common Stock	F	8886	$109.82	Disposed	8139	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-19	Restricted Stock Units	$	M	6141	Disposed		Class A Common Stock (6141)	Direct
2017-11-19	Restricted Stock Units	$	M	5928	Disposed		Class A Common Stock (5928)	Direct
2017-11-19	Employee Stock Option (Right to Buy)	$109.82	A	125825	Acquired	2027-11-19	Class A Common Stock (125825)	Direct
2017-11-19	Restricted Stock Units	$	A	20488	Acquired		Class A Common Stock (20488)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	56696	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, 2015.

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, 2016.

F3: Since the date of the reporting person's last ownership report, 18,375 shares which were previously held directly were transferred to the Sheridan Trust, of which Mr. McInerney is the sole trustee and beneficiary.

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, 2017.

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, 2017.