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
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
- 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.
- 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.
- 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.