SEC Form 4 · accession 0001141391-18-000002
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Grunde McLaughlin
Officer — President, Operations & Tech
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 12:34 pm EST
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 | Jan 2, 2018 | M | 13,000 | $51.83 | A | 47,901 | D | |
| Class A Common StockF1,F2 | Jan 2, 2018 | S | 14,198 | $151.635 | D | 33,703 | D | |
| Class A Common StockF1,F3 | Jan 2, 2018 | S | 2,802 | $152.6438 | D | 30,901 | D | |
| Class A Common StockF1,F4 | Jan 2, 2018 | S | 167 | $153.206 | D | 30,734 | 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 ro buy)F1,F5 | $51.83 | Jan 2, 2018 | M | 13,000 | D | — | Mar 1, 2023 | Class A Common Stock | 13,000 | 8,280 | 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 November 3, 2017.
- F2The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $151.14 to $152.12. The reporting person hereby undertakes to provide to the SEC staff, Mastercard Incorporated, or a security holder of Mastercard Incorporated, upon request, full information regarding the number of shares sold at each separate price within this range.
- F3The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $152.18 to $153.14. The reporting person hereby undertakes to provide to the SEC staff, Mastercard Incorporated, or a security holder of Mastercard Incorporated, upon request, full information regarding the number of shares sold at each separate price within this range.
- F4The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $153.20 to $153.21. The reporting person hereby undertakes to provide to the SEC staff, Mastercard Incorporated, or a security holder of Mastercard Incorporated, upon request, full information regarding the number of shares sold at each separate price within this range.
- F5The Reporting Person was awarded 20,280 employee stock options on March 1, 2013, which vested in four equal annual installments beginning on March 1, 2014.