Craig Vosburg - 11 Jan 2024 Form 4 Insider Report for Mastercard Inc (MA)

Role
Chief Product Officer
Signature
/s/ Craig Brown, as attorney-in-fact for Craig Vosburg pursuant to a power of attorney dated December 16, 2015
Issuer symbol
MA
Transactions as of
11 Jan 2024
Net transactions value
-$4,304,438
Form type
4
Filing time
16 Jan 2024, 16:18:36 UTC
Previous filing
31 Aug 2023
Next filing
02 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $999,559 +8,900 +19% $112.31 55,391 11 Jan 2024 Direct F1
transaction MA Class A Common Stock Sale $3,612,473 -8,397 -15% $430.21 46,994 11 Jan 2024 Direct F1, F2
transaction MA Class A Common Stock Sale $216,806 -503 -1.1% $431.03 46,491 11 Jan 2024 Direct F1, F3
transaction MA Class A Common Stock Options Exercise $521,343 +4,642 +10% $112.31 51,133 12 Jan 2024 Direct F1
transaction MA Class A Common Stock Sale $1,996,060 -4,642 -9.1% $430.00 46,491 12 Jan 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -8,900 -16% $0.000000 45,268 11 Jan 2024 Class A Common Stock 8,900 $112.31 Direct F1, F4
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -4,642 -10% $0.000000 40,626 12 Jan 2024 Class A Common Stock 4,642 $112.31 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on February 7, 2023.
F2 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $430.00 to $430.84. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F3 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $431.00 to $431.06. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F4 The reporting person was awarded 54,168 employee stock options on March 1, 2017, which had fully vested.