VISA INC. — Director's Dealing 2019

Nov 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISA INC. (V)
CIK: 0001403161
Period of Report: 2019-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-19	Class A Common Stock	M	37326	—	Acquired	85772	Direct
2019-11-19	Class A Common Stock	M	10623	—	Acquired	96395	Direct
2019-11-19	Class A Common Stock	M	10667	—	Acquired	107062	Direct
2019-11-19	Class A Common Stock	M	3918	—	Acquired	110980	Direct
2019-11-19	Class A Common Stock	F	30192	$182.77	Disposed	80788	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-19	Restricted Stock Units	$	M	37326	Disposed		Class A Common Stock (37326)	Direct
2019-11-19	Restricted Stock Units	$	M	10623	Disposed		Class A Common Stock (10623)	Direct
2019-11-19	Restricted Stock Units	$	M	10667	Disposed		Class A Common Stock (10667)	Direct
2019-11-19	Restricted Stock Units	$	M	3918	Disposed		Class A Common Stock (3918)	Direct
2019-11-19	Employee Stock Option (Right to Buy)	$182.77	A	155871	Acquired	2029-11-19	Class A Common Stock (155871)	Direct
2019-11-19	Restricted Stock Units	$	A	24963	Acquired		Class A Common Stock (24963)	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. 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.

F3: 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, 2018.

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, 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.

F5: 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, 2019.

F6: 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, 2019.