Froman Michael B. G. 4
4 · Mastercard Inc · Filed Mar 3, 2023
Insider Transaction Report
Form 4
Froman Michael B. G.
V Chair & Pres Strategic Grwth
Transactions
- Tax Payment
Class A Common Stock
2023-03-01$352.35/sh−1,012$356,578→ 7,477 total - Award
Class A Common Stock
2023-03-01+3,435→ 10,912 total - Award
Class A Common Stock
2023-03-01+2,613→ 13,525 total - Award
Employee Stock Option (right to buy)
2023-03-01+9,739→ 9,739 totalExercise: $353.50Exp: 2033-03-01→ Class A Common Stock (9,739 underlying)
Holdings
- 2,384(indirect: By GRAT)
Class A Common Stock
Footnotes (5)
- [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.