Filing Details

Accession Number:
0001209191-16-147359
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-28 20:00:26
Reporting Period:
2016-10-28
Filing Date:
2016-10-28
Accepted Time:
2016-10-28 20:00:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1403161 Visa Inc. V () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1195358 W Charles Scharf C/o Visa Inc.
P.o. Box 8999
San Francisco CA 94128-8999
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2016-10-28 619,036 $36.41 852,880 No 4 M Direct
Class A Common Stock Acquisiton 2016-10-28 91,180 $49.35 944,060 No 4 M Direct
Class A Common Stock Acquisiton 2016-10-28 62,696 $62.47 1,006,756 No 4 M Direct
Class A Common Stock Disposition 2016-10-28 772,912 $82.65 233,844 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2016-10-28 619,036 $0.00 619,036 $36.41
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2016-10-28 91,180 $0.00 91,180 $49.35
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2016-10-28 62,696 $0.00 62,696 $62.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-11-19 No 4 M Direct
45,596 2023-11-19 No 4 M Direct
125,392 2024-11-19 No 4 M Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were disposed of in multiple transactions at prices ranging from $82.1150 - $83.0600, 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.
  2. This option award immediately vested as of its date of grant (which was ten years prior to the listed expiration date) with respect to that number of stock options having a grant date value of $2,052,632. The remainder of the award vested in three substantially equal installments on each of the first three anniversaries of the date of grant.
  3. Options vest in three equal installments on each of the first three anniversaries of the date of the grant (which was in each case ten years prior to the listed expiration date) subject to earlier vesting in full in limited circumstances as specified in the award agreement.