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V > SEC Filings for V > Form 8-K on 19-Nov-2012All Recent SEC Filings

Show all filings for VISA INC.

Form 8-K for VISA INC.


Other Events

Item 8.01 Other Events.

On November 16, 2012, Joseph W. Saunders, Executive Chairman of Visa Inc. (the "Company"), adopted a pre-arranged stock trading plan for the exercise of options and sale of shares of Company stock. Under the plan, Mr. Saunders may sell up to 333,407 shares of Company stock. Mr. Saunders' plan is scheduled to terminate in November 2013.

The transactions under the stock trading plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission, as applicable. The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's insider trading policy.

Mr. Saunders will continue to be subject to the Company's executive stock ownership guidelines as outlined in the Company's most recently filed Proxy Statement on Form DEF14A.

Except as may be required by law, the Company does not undertake to report on specific Rule 10b5-1 pre-planned stock trading plans of Company officers, nor to report modifications or terminations of the aforementioned 10b5-1 plans or the plan of any other individual.

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