Ajay Bhalla - Sep 14, 2023 Form 4 Insider Report for Mastercard Inc (MA)

Role
President Cyber & Intelligence
Signature
/s/ Craig R. Brown, Assistant Corporate Secretary, attorney-in-fact for Ajay Bhalla pursuant to a power of attorney dated April 23, 2019.
Stock symbol
MA
Transactions as of
Sep 14, 2023
Transactions value $
-$4,025,411
Form type
4
Date filed
9/18/2023, 06:40 PM
Previous filing
Jun 26, 2023
Next filing
Sep 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $311K +4K +64.15% $77.72* 10.2K Sep 14, 2023 Direct F1
transaction MA Class A Common Stock Sale -$206K -500 -4.89% $411.35 9.74K Sep 14, 2023 Direct F1, F2
transaction MA Class A Common Stock Sale -$619K -1.5K -15.41% $412.68 8.24K Sep 14, 2023 Direct F1, F3
transaction MA Class A Common Stock Sale -$585K -1.42K -17.18% $413.36 6.82K Sep 14, 2023 Direct F1, F4
transaction MA Class A Common Stock Sale -$207K -500 -7.33% $414.73 6.32K Sep 14, 2023 Direct F1, F5
transaction MA Class A Common Stock Sale -$35.6K -85 -1.34% $418.64 6.24K Sep 14, 2023 Direct F1
transaction MA Class A Common Stock Options Exercise $311K +4K +64.15% $77.72* 10.2K Sep 15, 2023 Direct F1
transaction MA Class A Common Stock Sale -$1.39M -3.37K -32.91% $411.86 6.87K Sep 15, 2023 Direct F1, F6
transaction MA Class A Common Stock Sale -$13.6K -33 -0.48% $413.59 6.83K Sep 15, 2023 Direct F1
transaction MA Class A Common Stock Sale -$222K -533 -7.8% $415.92 6.3K Sep 15, 2023 Direct F1, F7
transaction MA Class A Common Stock Sale -$27.5K -66 -1.05% $416.87 6.24K Sep 15, 2023 Direct F1, F8
transaction MA Class A Common Stock Options Exercise $311K +4K +64.15% $77.72* 10.2K Sep 18, 2023 Direct F1
transaction MA Class A Common Stock Sale -$1.66M -4K -39.08% $413.88 6.24K Sep 18, 2023 Direct F1
holding MA Class A Common Stock 119K Sep 14, 2023 See footnote below F9

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) Options Exercise $0 -4K -28.58% $0.00 10K Sep 14, 2023 Class A Common Stock 4K $77.72 Direct F1, F10
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -4K -40.02% $0.00 6K Sep 15, 2023 Class A Common Stock 4K $77.72 Direct F1, F10
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -4K -66.71% $0.00 2K Sep 18, 2023 Class A Common Stock 4K $77.72 Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on June 15, 2023.
F2 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $410.78 to $411.54. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F3 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $412.05 to $413.02. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F4 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $413.07 to $413.69. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F5 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $414.56 to $414.89. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F6 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $411.86 to $411.92. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F7 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $415.41 to $416.21. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F8 The price reported reflects the weighted average price of shares sold in multiple transactions at prices ranging from $416.48 to $417.25. The reporting person hereby undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within this range.
F9 The shares are directly held by a family-owned company, controlled by the reporting person.
F10 The reporting person was awarded 13,996 employee stock options on March 1, 2014, which had fully vested.