SEC Form 4 · accession 0001127602-18-034183

VISA INC. · V

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Ellen Richey

Officer — VICE CHAIRMAN & CRO

Period of report

Nov 19, 2018

Accepted (ET)

Nov 21, 2018 · 4:41 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 Stock^F1	Nov 19, 2018	M	2,402	—	A	2,402	D
Class A Common Stock^F2	Nov 19, 2018	M	2,114	—	A	4,516	D
Class A Common Stock^F3	Nov 19, 2018	M	2,276	—	A	6,792	D
Class A Common Stock	Nov 19, 2018	F	3,263	$134.76	D	3,529	D
Class A Common Stock^F4	holding	—	—		—	30,437	I	Held by the Richey 2007 Trust u/a/d 11-29-2007

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F1	—	Nov 19, 2018	M	2,402	D	—	—	Class A Common Stock	2,402	0	D
Restricted Stock Units^F2	—	Nov 19, 2018	M	2,114	D	—	—	Class A Common Stock	2,114	2,114	D
Restricted Stock Units^F3	—	Nov 19, 2018	M	2,276	D	—	—	Class A Common Stock	2,276	4,553	D
Employee Stock Option (Right to Buy)^F5	$134.76	Nov 19, 2018	A	21,729	A	—	Nov 19, 2028	Class A Common Stock	21,729	21,729	D
Restricted Stock Units^F6	—	Nov 19, 2018	A	4,174	A	—	—	Class A Common Stock	4,174	4,174	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. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2015.
F2Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2016.
F3Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2017.
F4Since the date of the reporting person's last ownership report, 12,078 and 3,417 shares which were previously held directly were transferred to the Richey 2007 Trust u/a/d 11-29-2007, of which Ms. Richey is the sole trustee and beneficiary.
F5Options vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The option was granted on November 19, 2018.
F6Each restricted stock unit represents a contingent right to receive one share of Visa Inc. common stock or a cash equivalent of its value. The restricted stock units vest in three equal installments on each of the first three anniversaries of the date of the grant, subject to earlier vesting in full in limited circumstances as specified in the award agreement. The award was granted on November 19, 2018.