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: KELLY ALFRED F JR (Director, CHIEF EXECUTIVE OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-19	Class A Common Stock	M	37325	—	Acquired	43625	Direct
2017-11-19	Class A Common Stock	M	3917	—	Acquired	47542	Direct
2017-11-19	Class A Common Stock	F	22545	$109.82	Disposed	24997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-19	Restricted Stock Units	$	M	37325	Disposed		Class A Common Stock (37325)	Direct
2017-11-19	Restricted Stock Units	$	M	3917	Disposed		Class A Common Stock (3917)	Direct
2017-11-19	Employee Stock Option (Right to Buy)	$109.82	A	195728	Acquired	2027-11-19	Class A Common Stock (195728)	Direct
2017-11-19	Restricted Stock Units	$	A	31870	Acquired		Class A Common Stock (31870)	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, which will be settled upon vesting. 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. 77,951 shares were granted on November 19, 2016 for the one-time, make whole award and 34,026 shares were granted on November 19, 2016 for the annual equity award.

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, which will be settled upon vesting. The restricted stock units vest annually in three equal installments commencing on November 19, 2017, subject to earlier vesting in limited circumstances as specified in the award agreement. 11,752 shares were granted on February 8, 2017 for an additional one-time, make whole award.

F3: 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.

F4: 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.