B. Froman Michael - Mar 1, 2023 Form 4 Insider Report for Mastercard Inc (MA)

Role
V Chair & Pres Strategic Grwth
Signature
Craig Brown, as attorney-in-fact for Michael Froman, pursuant to a power of attorney dated March 21, 2019
Stock symbol
MA
Transactions as of
Mar 1, 2023
Transactions value $
-$356,578
Form type
4
Date filed
3/3/2023, 05:50 PM
Previous filing
Jan 4, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Tax liability -$357K -1.01K -11.92% $352.35 7.48K Mar 1, 2023 Direct F1, F2
transaction MA Class A Common Stock Award $0 +3.44K +45.94% $0.00 10.9K Mar 1, 2023 Direct F3
transaction MA Class A Common Stock Award $0 +2.61K +23.95% $0.00 13.5K Mar 1, 2023 Direct F4
holding MA Class A Common Stock 2.38K Mar 1, 2023 By GRAT F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MA Employee Stock Option (right to buy) Award $0 +9.74K $0.00 9.74K Mar 1, 2023 Class A Common Stock 9.74K $353.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents withholding of shares to pay tax liability incident to the vesting of restricted stock units.
F2 On May 16, 2022 the reporting person transferred 2,445 shares of Class A Common Stock to his personal account from his Grantor Retained Annuity Trust (GRAT). The transaction was part of routine financial management and was exempt from reporting.
F3 Award of restricted stock units that will vest in three (3) equal annual installments beginning March 1, 2024.
F4 Represents earned performance stock units granted on March 1, 2020 that contained performance-vesting requirements. The award was fully earned and vested on March 1, 2023, but will settle on March 1, 2024.
F5 The employee stock options vest in three (3) equal annual installments beginning March 1, 2024.