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VISA INC. — Director's Dealing 2017
Feb 8, 2017
29744_dirs_2017-02-07_f180aa23-df2a-4dd1-bd6f-6f244d9f3bd0.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: Sheedy William M. (EVP CORP STRAT, M&A, GR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-06 | Class A Common Stock | M | 125372 | $14.1175 | Acquired | 365769 | Direct |
| 2017-02-06 | Class A Common Stock | S | 125372 | $85.741 | Disposed | 240397 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-06 | Employee Stock Option (Right to Buy) | $14.1175 | M | 125372 | Disposed | 2018-11-05 | Class A Common Stock (125372) | 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 $85.6250 - $85.8850, 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).