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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
Swainson John A

(Last) (First) (Middle)
C/O VISA INC.
P.O. BOX 8999

(Street)
SAN FRANCISCO CA 94128-8999

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VISA INC. [ V ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2021
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)
Code V Amount (A) or (D) Price
Class A Common Stock 08/12/2021 G(1) V 3,263 D $0 24,759 I JAS GRAT 2020-4
Class A Common Stock 08/12/2021 G(1) V 3,263 A $0 19,516 D
Class A Common Stock 08/12/2021 G(1) V 3,263 D $0 24,759 I LMS GRAT 2020-4
Class A Common Stock 08/12/2021 G(1) V 3,263 A $0 22,779 D
Class A Common Stock 08/12/2021 G V 3,263 D $0 19,516 D
Class A Common Stock 08/12/2021 G V 3,263 A $0 3,263 I JAS Trust 4-2020(2)
Class A Common Stock 08/12/2021 G V 3,263 D $0 16,253 D
Class A Common Stock 08/12/2021 G V 3,263 A $0 3,263 I LMS Trust 11-2020(2)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person, John A. Swainson (JAS), held 56,044 shares in a Tenants in Common account with his wife, Linda M. Swainson (LMS). On 8/13/2020, JAS transferred his 50% interest in such account (28,022 shares) to the JAS GRAT 2020-4 (a grantor retained annuity trust (GRAT)) and LMS transferred her 50% interest in such account (28,022 shares) to the LMS GRAT 2020-4. Pursuant to the JAS GRAT 2020-4 and LMS GRAT 2020-4 Trust Agreements, an annual annuity payment of 3,263 shares was made to each of JAS and LMS, respectively. JAS is the sole Trustee of the JAS GRAT 2020-4 and the LMS GRAT 2020-4, each of which was established for estate planning purposes.
2. JAS is the sole Trustee of each of the John A Swainson Irrevocable Trust and the Linda M Swainson Irrevocable Trust, each of which was established for estate planning purposes.
/s/ Sue Choi, Attorney-In-Fact 08/17/2021
** 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.