SEC Form 4 · accession 0001141391-18-000049
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Fraccaro
Officer — Chief Human Resources Officer
Period of report
Apr 30, 2018
Accepted (ET)
May 1, 2018 · 4:27 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 Stock | Apr 30, 2018 | M | 300 | $112.31 | A | 3,846 | D | |
| Class A Common Stock | Apr 30, 2018 | S | 300 | $180.00 | D | 3,546 | D | |
| Class A Common Stock | May 1, 2018 | M | 3,822 | $180.00 | A | 7,368 | D | |
| Class A Common Stock | May 1, 2018 | S | 3,822 | $180.00 | D | 3,546 | 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,F2 | $112.31 | Apr 30, 2018 | M | 300 | D | — | Mar 1, 2027 | Class A Common Stock | 300 | 16,188 | D |
| Employee Stock Option (right to buy)F1,F2 | $112.31 | May 1, 2018 | M | 3,822 | D | — | Mar 1, 2027 | Class A Common Stock | 3,822 | 12,366 | 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 22, 2018.
- F2The reporting person was awarded 16,488 employee stock options on March 1, 2017, of which 4,122 have vested. The remaining 12,366 employee stock options will vest in three (3) annual installments beginning on March 1, 2019.