SEC Form 4 · accession 0001141391-16-000149
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary J Flood
Officer — President, Gl Prod & Solutions
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 3:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001141391
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 2, 2016 | M | 4,440 | $23.274 | A | 64,015 | D | |
| Class A Common StockF1 | May 2, 2016 | M | 42,880 | $24.036 | A | 106,895 | D | |
| Class A Common StockF1 | May 2, 2016 | M | 26,500 | $42.043 | A | 133,395 | D | |
| Class A Common StockF1,F2 | May 2, 2016 | S | 62,357 | $97.0826 | D | 71,038 | D | |
| Class A Common StockF1,F3 | May 2, 2016 | S | 33,978 | $97.7786 | D | 37,060 | D |
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,F4 | $23.274 | May 2, 2016 | M | 4,440 | D | — | Mar 1, 2020 | Class A Common Stock | 4,440 | 0 | D |
| Employee Stock Option (right to buy)F1,F5 | $24.036 | May 2, 2016 | M | 42,880 | D | — | Mar 1, 2021 | Class A Common Stock | 42,880 | 0 | D |
| Employee Stock Option (right to buy)F1,F6 | $42.043 | May 2, 2016 | M | 26,500 | D | — | Mar 1, 2022 | Class A Common Stock | 26,500 | 34,140 | D |
Explanation of responses
- F1The 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 March 8, 2016. The pre-planned trading plan was adopted by the reporting person on March 3, 2016.
- F2Represents the weighted average sales price for price increments ranging from $96.5700 to $97.5650
- F3Represents the weighted average sales price for price increments ranging from $97.5700 to $97.9300.
- F4The Reporting Person was awarded 64,880 employee stock options on March 1, 2010, which vested in four equal installments beginning on March 1, 2011.
- F5The Reporting Person was awarded 75,840 employee stock options on March 1, 2011, which vested in four equal installments beginning on March 1, 2012.
- F6The Reporting Person was awarded 60,640 employee stock options on March 1, 2012, which vested in four equal installments beginning on March 1, 2013.