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VISA INC. — Director's Dealing 2017
Feb 8, 2017
29744_dirs_2017-02-08_7c8bbfc7-5dce-406f-8d7d-a935de4e8983.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2017-02-06
Reporting Person: HOFFMEISTER JAMES H (SVP, GBL CORP CONTRL & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-06 | Class A Common Stock | M | 1956 | $23.16 | Acquired | 6390 | Direct |
| 2017-02-06 | Class A Common Stock | S | 4459 | $85.8735 | Disposed | 1931 | Direct |
| 2017-02-07 | Class A Common Stock | M | 6680 | $23.16 | Acquired | 8611 | Direct |
| 2017-02-07 | Class A Common Stock | S | 6680 | $86.00 | Disposed | 1931 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-06 | Employee Stock Option (Right to Buy) | $23.16 | M | 1956 | Disposed | 2021-11-05 | Class A Common Stock (1956) | Direct |
| 2017-02-07 | Employee Stock Option (Right to Buy) | $23.16 | M | 6680 | Disposed | 2021-11-05 | Class A Common Stock (6680) | 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 $85.771 - $86.00, 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: Options vested in three equal installments on first three anniversaries of the date of the grant (which was in this case ten years prior to the listed expiration date).