Series B Participating Preferred Stock and Series C Participating Preferred Stock Information

This webpage is for holders of Series B and Series C Participating Preferred Stock (the “Series B and Series C Preferred Stock”) of Visa Inc. (the "Company") related to the Company’s acquisition of Visa Europe Limited and those parties interested in transferring their Preferred Stock to another party.

Series B and Series C Preferred Stock

The certificates of designation for each of the Series B and the Series C Preferred Stock are available at the links below:

Pursuant to the applicable certificate of designation for the Series B and the Series C Preferred Stock shares of Series B and Series C Preferred stock may only be transferred in specified circumstances described below under the heading “Permitted Transfers.”

Note that the Preferred Stock have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be transferred except pursuant to an effective registration statement under the Securities Act or pursuant to an exemption from registration thereunder, and that the shares are subject to restrictions on transferability as set forth in the Certificates of Designations with respect to such shares, a copy of which is on file with the Company's Corporate Secretary. There is no public market for the shares of Preferred Stock and none is expected to develop. accordingly, it may not be possible for any holder to liquidate its HOLDING OF PREFERRED STOCK UNTIL CONVERTED AS SET OUT IN THE CERTIFICATES OF DESIGNATIONS.

We have identified several scenarios that are most relevant and applicable to the holders of our Series B and Series C Preferred Stock, and this web page is intended to assist those stockholders: (1) to determine whether their proposed transfer scenario is permitted; and (2) to obtain the forms needed to commence the transfer request process.

Permitted Transfers

The following are permitted transfers (“Permitted Transfers”) under the Certificates of Designations for the Series B and Series C Preferred Stock, and may be arranged through this webpage:

  1. Transfers to any person entitled to receive shares of Series B Preferred Stock or Series C Preferred Stock under the Amended and Restated Transaction Agreement, dated May 10, 2016, between the Company and Visa Europe Limited;
  2. Transfers to any eligible holder of Class B common stock of the Company (in accordance with the current Amended and Restated Certificate of Incorporation of the Company);
  3. Transfers to such holder’s Group Members (as defined below); or
  4. Transfers to the Company.

A “Group Member” means any person who directly or indirectly (a) wholly owns the transferring holder, (b) is wholly owned by the transferring holder or (c) is wholly owned by any person that directly or indirectly wholly owns the transferring holder.

Please access our Series B and Series C Convertible Preferred Stock (FAQs) for more information and to review the most commonly requested information and background relating to ownership rights, conversions and adjustments, and limitations on transfers of our Series B and Series C Preferred Stock. For information on Permitted Transfers not addressed on this website, please contact Visa's Transfer Agent, Wells Fargo Shareowner Services, a division of Wells Fargo Bank, N.A., at the number listed below.

Please visit the Shareowner Online website at www.shareowneronline.com where you can access your shareowner account information, change your registered address, update your email address, sign up for wire transfers of your dividend payments, request replacements for outstanding checks, and sign up for e-delivery of your account statement and tax forms.

If, having reviewed all of the terms and conditions related to Permitted Transfers, you have determined that you wish to effect a transfer of Series B or C Preferred Stock, please use the documentation provided through the links below.

Forms

  1. To conduct transfers to another holder of Series B Preferred Stock or Series C Preferred Stock (as applicable), please use the following documents:
  2. Applicable tax forms submitted by the transferee to which your financial institution is transferring its stock. W-9 or W-8BEN-E (or the appropriate Form W-8 for your institution) Tax Forms

  3. To conduct transfers to an eligible holder of Class B common stock of the Company, please use the following documents:
  4. Applicable tax forms submitted by the transferee to which your financial institution is transferring its stock. W-9 or W-8BEN-E (or the appropriate Form W-8 for your institution) Tax Forms

  5. To conduct transfers to a Group Member, please use the following documents:
  6. Applicable tax forms submitted by the transferee to which your financial institution is transferring its stock. W-9 or W-8BEN-E Tax Forms

  7. To effect a corporate name change for holders of Series B or C Preferred Stock, please use the following documents:
    • Corporate Name Change documents including an Officer's Certificate, a Legal Name Change Form, W-9 or W-8BEN-E (or the appropriate Form W-8 for your institution) and comprehensive Procedures to complete the Officer's Certificate and Legal Name Change Form


All originally executed documents must be delivered to Wells Fargo Shareowner Services via mail or courier at the following address:

Via Mail:


Wells Fargo Shareowner Services
P.O. Box 64874
St. Paul, MN 55164-0874

Via Courier:

Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120

Telephone: From within the U.S. 1-866-456-9417
Telephone: From outside the U.S. +1-651-306-4433

Frequently Asked Questions for Series B and Series C Preferred Stockholders

These FAQs are intended to address questions or concerns that our Series B and Series C Preferred stockholders may have regarding transfer restrictions, ownership limitations or otherwise.

The current Class A Common Equivalent Number for the Series B Preferred Stock is 13.077 shares of class A common stock per share of Series B Preferred Stock. The current Class A Common Equivalent Number for the Series C Preferred Stock is 13.948 shares of Class A common stock per share of Series C Preferred Stock.

Date Series B – Class A Common Equivalent Number
June 21, 2016 13.952
February 14, 2017 13.388
May 17, 2017 13.077
Date Series C – Class A Common Equivalent Number
June 21, 2016 13.952
February 14, 2017 13.948

*The Company’s Class A Common Equivalent Number for Series B and Series C Preferred Stock may be adjusted from time to time to compensate the Company for any losses arising out of or resulting from Covered Claims, as defined in the Litigation Management Deed dated June 21, 2016.

You can access the FAQ materials through the following link:

If you have any questions regarding the rights and responsibilities of Series B and Series C Preferred Stockholders or the procedures and forms needed to transfer stock, please refer to the FAQ materials through the link above or contact Wells Fargo Shareowner Services, where representatives are available to answer your questions and provide assistance.

Telephone: From within the U.S. 1-866-456-9417
Telephone: From outside the U.S. +1-651-306-4433

Via Mail:

Wells Fargo Shareowner Services
P.O. Box 64874
St. Paul, MN 55164-0874

Via Courier:

Wells Fargo Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120

www.shareowneronline.com