SEC Form 4 · accession 0001225208-15-006649
Mastercard Inc · MA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ajay Banga
Officer — Chief Executive Officer
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 5:47 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,F2 | Mar 1, 2015 | A | 49,930 | $0.00 | A | 211,597 | D | |
| Class A Common Stock | Mar 2, 2015 | G | 5,700 | $0.00 | D | 205,897 | D | |
| Class A Common StockF3 | holding | — | — | — | 65,610 | I | By GRAT |
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)F4 | $90.13 | Mar 1, 2015 | A | 303,644 | A | — | Mar 1, 2025 | Class A Common Stock | 303,644 | 303,644 | D |
Explanation of responses
- F1Settlement of performance stock units in shares of Class A common stock.
- F2On August 7, 2014, the reporting person transferred 65,610 shares of Class A common stock to a Grantor Retained Annuity Trust (GRAT) of which the reporting person is a trustee. Prior to the transfer of shares to the GRAT, the reporting person held 227,277 shares of Class A common stock.
- F3Prior to the transfer to the GRAT of 65,610 shares of Class A common stock on August 7, 2014, no shares of Class A common stock were held in a GRAT by the reporting person.
- F4The employee stock options vest in four (4) equal annual installments beginning March 1, 2016.
Remarks
Exhibit 24 - Power of Attorney