SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Reeg Robert

(Last)

(First)

(Middle)

2000 PURCHASE STREET

(Street)

PURCHASE

10577-2509

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MASTERCARD INC [ MA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Pres, MasterCard Technologies

3. Date of Earliest Transaction (Month/Day/Year)
05/16/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/16/2013		M		1,447	A	$158.03	6,937	D
Class A Common Stock	05/16/2013		M		1,404	A	$240.36	8,341	D
Class A Common Stock	05/16/2013		M		1,327	A	$232.74	9,668	D
Class A Common Stock	05/16/2013		S		5,678	D	$572.3454⁽¹⁾	3,990	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$158.03	05/16/2013		M			1,447	⁽²⁾	03/01/2019	Class A Common Stock	1,447	$0.0000	0.0000	D
Employee Stock Option (right to buy)	$232.74	05/16/2013		M			1,327	⁽³⁾	03/01/2020	Class A Common Stock	1,327	$0.0000	1,327	D
Employee Stock Option (right to buy)	$240.36	05/16/2013		M			1,404	⁽⁴⁾	03/01/2021	Class A Common Stock	1,404	$0.0000	2,808	D

Explanation of Responses:

1. Represents the weighted average sales price for price increments ranging from $572.1801 to $572.535.

2. The Reporting Person was awarded 5,788 employee stock options on March 1, 2009.

3. The Reporting Person was awarded 5,308 employee stock options on March 1, 2010. The remaining 1,327 employee stock options will vest on March 1, 2014.

4. The Reporting Person was awarded 5,616 employee stock options on March 1, 2011. The remaining 2,808 employee stock options will vest in two equal annual installments beginning on March 1, 2014.

	/s/ Bart S. Goldstein attorney in fact for Robert Reeg pursuant to power of attorney dated May 22, 2008	05/16/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.