SEC Form 4 · accession 0001141391-17-000042
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy H Murphy
Officer — General Counsel
Period of report
Apr 4, 2017
Accepted (ET)
Apr 4, 2017 · 5:33 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 | Apr 4, 2017 | M | 21,270 | $51.83 | A | 53,407 | D | |
| Class A Common StockF1,F2 | Apr 4, 2017 | S | 24,128 | $112.2541 | D | 29,279 | D | |
| Class A Common Stock | holding | — | — | — | 1,000 | I | By Child 2 | |
| Class A Common Stock | holding | — | — | — | 1,000 | I | By Child 1 |
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 | $51.83 | Apr 4, 2017 | M | 21,270 | D | — | Mar 1, 2023 | Class A Common Stock | 21,270 | 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. The pre-planned trading plan was adopted by the reporting person on February 3, 2017.
- F2These transactions were executed in multiple trades at prices ranging from $111.93 to 112.82. The price reported reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3The Reporting Person was awarded 28,360 employee stock options on March 1, 2013, which vested in four equal annual installments beginning on March 1, 2014.