SEC Form 4/A · accession 0001141391-16-000121
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Ronald E Garrow
Officer — Chief Human Resources Officer
Period of report
Apr 4, 2016
Accepted (ET)
Apr 8, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001141391
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2,F3 | $42.04 | Apr 4, 2016 | M | 2,110 | D | — | Mar 1, 2022 | Class A Common Stock | 2,110 | 0 | D |
| Employee Stock Option (right to buy)F1,F2,F4 | $51.83 | Apr 4, 2016 | M | 3,550 | D | — | Mar 1, 2023 | Class A Common Stock | 3,550 | 3,550 | D |
| Employee Stock Option (right to buy)F1,F2,F5 | $77.72 | Apr 4, 2016 | M | 4,374 | D | — | Mar 1, 2024 | Class A Common Stock | 4,374 | 8,748 | D |
Explanation of responses
- F1This amended Form 4 is being filed to properly report the disposition of these stock options in connection with their exercises.
- F2The 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 and previously referenced in a MasterCard Incorporated Form 8-K filed on February 9, 2016. The pre-planned trading plan was adopted by the reporting person on February 3, 2016.
- F3The reporting person was awarded 8,440 employee stock options on March 1, 2012, which vested in four equal installments beginning on March 1, 2013.
- F4The reporting person was awarded 14,200 employee stock options on March 1, 2013, of which 10,650 previously vested. The remaining 3,550 employee stock options will vest on March 1, 2017.
- F5The reporting person was awarded 17,496 employee stock options on March 1, 2014, of which 8,748 previously vested. The remaining 8,748 employee stock options will vest in two equal annual installments beginning on March 1, 2017.