VISA INC. — Director's Dealing 2019

Dec 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2019-11-29

Reporting Person: KELLY ALFRED F JR (Director, CHAIRMAN & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-29	Class A Common Stock	M	4000	$80.82	Acquired	84788	Direct
2019-11-29	Class A Common Stock	S	7000	$183.72	Disposed	77788	Direct
2019-11-30	Class A Common Stock	M	135036	—	Acquired	212824	Direct
2019-11-30	Class A Common Stock	F	66310	$184.51	Disposed	146514	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-29	Employee Stock Option (Right to Buy)	$80.82	M	4000	Disposed	2026-11-19	Class A Common Stock (4000)	Direct
2019-11-30	Performance Share Award	$	A	135036	Acquired		Class A Common Stock (135036)	Direct
2019-11-30	Performance Share Award	$	M	135036	Disposed		Class A Common Stock (135036)	Direct

Footnotes

F1: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 5, 2019.

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.

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, 2016.

F4: Represents performance shares earned pursuant to the November 19, 2016 award under the Visa Inc. 2007 Equity Incentive Compensation Plan. The number of performance shares earned was determined on the basis of the applicable 3-year performance period.