SEC Form 4 · accession 0001127602-17-033859
VISA INC. · V
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan McInerney
Officer — PRESIDENT
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403161
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Nov 30, 2017 | M | 52,248 | — | A | 60,387 | D | |
| Class A Common Stock | Nov 30, 2017 | F | 27,264 | $112.59 | D | 33,123 | D | |
| Class A Common Stock | holding | — | — | — | 56,696 | I | The Sheridan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share AwardF1,F2 | — | Nov 30, 2017 | A | 52,248 | A | — | — | Class A Common Stock | 52,248 | 52,248 | D |
| Performance Share AwardF1,F2 | — | Nov 30, 2017 | M | 52,248 | D | — | — | Class A Common Stock | 52,248 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value.
- F2Represents performance shares earned pursuant to the November 19, 2014 award under the Visa Inc. 2007 Equity Incentive Compensation Plan. The number of performance shares earned was determined on the basis of the applicable 3-year performance period.