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V Visa Inc

268.61
0.00 (0.00%)
Pre Market
Last Updated: 09:19:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visa Inc NYSE:V NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 268.61 164 09:19:04

Statement of Changes in Beneficial Ownership (4)

21/11/2019 9:26pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sheedy William M.
2. Issuer Name and Ticker or Trading Symbol

VISA INC. [ V ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, THE STRATEGY GROUP
(Last)          (First)          (Middle)

C/O VISA INC., P.O. BOX 8999
3. Date of Earliest Transaction (MM/DD/YYYY)

11/19/2019
(Street)

SAN FRANCISCO, CA 94128-8999
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/19/2019  M  2114 A (1)227740 D  
Class A Common Stock 11/19/2019  M  2580 A (2)230320 D  
Class A Common Stock 11/19/2019  M  1484 A (3)231804 D  
Class A Common Stock 11/20/2019  S  3110 D$182.515 (4)228694 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)11/19/2019  M     2114   (1) (1)Class A Common Stock 2114  (1)0 D  
Restricted Stock Units  (2)11/19/2019  M     2580   (2) (2)Class A Common Stock 2580  (2)2580 D  
Restricted Stock Units  (3)11/19/2019  M     1484   (3) (3)Class A Common Stock 1484  (3)2968 D  
Employee Stock Option (Right to Buy) $182.77 11/19/2019  A   20498     (5)11/19/2029 Class A Common Stock 20498 $0 20498 D  
Restricted Stock Units  (6)11/19/2019  A   3283     (6) (6)Class A Common Stock 3283  (6)3283 D  

Explanation of Responses:
(1) Each 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.
(2) Each 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.
(3) Each 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.
(4) The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $182.5100 - $182.5300, inclusive. The reporting person undertakes to provide to Visa Inc., any security holder of Visa Inc., or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares disposed of at each separate price within the ranges set forth in this Form 4.
(5) Options 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, 2019.
(6) Each 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, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Sheedy William M.
C/O VISA INC.
P.O. BOX 8999
SAN FRANCISCO, CA 94128-8999


EVP, THE STRATEGY GROUP

Signatures
/s/ Sue Choi, Attorney-In-Fact11/21/2019
**Signature of Reporting PersonDate

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