Mastercard Inc
For the period ended Mar 31, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
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Item 5. Other information
PART II
ITEM 5. OTHER INFORMATION
Item 5. Other information
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the three months ended March 31, 2024, certain of our officers and directors adopted orterminated trading arrangements for the sale of shares of our common stock as follows:
| Action | Date | Plans | Number of Securities to be Sold | Expiration | ||||
| Rule 10b5-1 1 | Non-Rule 10b5-1 2 | |||||||
| Tim Murphy,Chief Administrative Officer | Adoption | February 1, 2024 | X | - | 15,724 shares of Class A Common Stock | The earlier of (i) the date when all securities under plan are sold and (ii) December 31, 2024 | ||
|---|---|---|---|---|---|---|---|---|
| Ling Hai, President, Asia Pacific, Europe, Middle East and Africa | Adoption | February 1, 2024 | X | - | 8,676 shares of Class A Common Stock underlying employee stock options | The earlier of (i) the date when all securities under plan are exercised and sold and (ii) February 28, 2025 | ||
| Craig Vosburg, Chief Services Officer | Adoption | February 21, 2024 | X | - | 27,084 shares of Class A Common Stock underlying employee stock options | The earlier of (i) the date when all securities under plan are exercised and sold and (ii) November 22, 2024 | ||
| Ajay Bhalla, Former President, Cyber and Intelligence Solutions 3 | Adoption | February 23, 2024 | X | - | 42,248 shares of Class A Common Stock underlying employee stock options | The earlier of (i) the date when all securities under plan are exercised and sold and (ii) September 11, 2024 | ||
| Raj Seshadri, Chief Commercial Payments Officer | Adoption | February 26, 2024 | X | - | (i) 20,764 shares of Class A Common Stock underlying employee stock options and (ii) 3,199 shares of Class A Common Stock | The earlier of (i) the date when all securities under plan are exercised and sold and (ii) December 31, 2024 | ||
1 Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
2 Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
3 Mr. Bhalla departed Mastercard on April 5, 2024.
Other Information
Pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012, we hereby incorporate by reference herein the disclosure contained in Exhibit 99.1 of this Report.
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