SEC Form 4 · accession 0001141391-16-000153
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea L Forster
Officer — Corporate Controller
Period of report
May 10, 2016
Accepted (ET)
May 10, 2016 · 2:53 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 10, 2016 | M | 13,480 | $42.043 | A | 26,071 | D | |
| Class A Common StockF1,F2 | May 10, 2016 | S | 13,480 | $97.0188 | D | 12,591 | 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,F3 | $42.043 | May 10, 2016 | M | 13,480 | D | — | Mar 1, 2022 | Class A Common Stock | 13,480 | 0 | 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 15, 2016. The pre-planned trading plan was adopted by the reporting person on March 11, 2016.
- F2Represents the weighted average sales price for price increments ranging from $96.69 to $97.28.
- F3The reporting person was awarded 13,480 employee stock options on March 1, 2012 which vested in four equal annual installments beginning on March 1, 2013.