R. Venkata Madabhushi - Sep 13, 2024 Form 4 Insider Report for Mastercard Inc (MA)

Role
Chief Marketing Officer
Signature
Craig Brown, as attorney-in-fact for Venkata Madabhushi pursuant to a power of attorney date April 23, 2019
Stock symbol
MA
Transactions as of
Sep 13, 2024
Transactions value $
-$1,412,894
Form type
4
Date filed
9/17/2024, 07:45 PM
Previous filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MA Class A Common Stock Options Exercise $45.7K +126 +0.66% $362.90 19.3K Sep 13, 2024 Direct F1
transaction MA Class A Common Stock Options Exercise $852K +2.47K +12.79% $344.48 21.8K Sep 13, 2024 Direct F1
transaction MA Class A Common Stock Sale -$2.31M -4.69K -21.49% $493.10 17.1K Sep 13, 2024 Direct F1

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 ro buy) Options Exercise $0 -126 -9.31% $0.00 1.23K Sep 13, 2024 Class A Common Stock 126 $362.90 Direct F1, F2
transaction MA Employee Stock Option (right to buy) Options Exercise $0 -2.47K -30.69% $0.00 5.58K Sep 13, 2024 Class A Common Stock 2.47K $344.48 Direct F1, F3
* 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 transaction was 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 14, 2024.
F2 The reporting person was awarded 4,908 employee stock options on March 1, 2021. The remaining 1,227 employee stock options will vest on March 1, 2025.
F3 The reporting person was awarded 8,054 employee stock options on March 1, 2022. Of the remaining 5,582 employee stock options, 2,897 have vested and 2,685 will vest on March 1, 2025.