FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Fraccaro Michael
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)
Chief Human Resources Officer
(Last)          (First)          (Middle)

2000 PURCHASE STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

8/5/2020
(Street)

PURCHASE, NY 10577
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 8/5/2020  M  2186 (1)A$90.10 7938.148 D  
Class A Common Stock 8/5/2020  M  782 (1)A$112.31 8720.148 D  
Class A Common Stock 8/5/2020  S  3456 (1)D$325 5264.148 D  
Class A Common Stock 8/6/2020  M  2969 (1)A$112.31 8233.148 D  
Class A Common Stock 8/6/2020  S  3457 (1)D$330 4776.148 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right ro buy) $90.1 8/5/2020  M     2186 (1)  (2)3/1/2026 Class A Common Stock 2186.0 $0 0 D  
Employee Stock Option (right to buy) $112.31 8/5/2020  M     782 (1)  (3)3/1/2027 Class A Common Stock 782.0 $0 7462 D  
Employee Stock Option (right to buy) $112.31 8/6/2020  M     2969 (1)  (3)3/1/2027 Class A Common Stock 2969.0 $0 4493 D  

Explanation of Responses:
(1) The transactions reported in this Form 4 were effected pursuant to a pre-planned trading plan entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The pre-planned trading plan was adopted by the reporting person for personal financial management purposes on February 28, 2020.
(2) The reporting person was awarded 8,744 employee stock options on March 1, 2016, which vested in four equal installments beginning March 1, 2017.
(3) The reporting person was awarded 16,488 employee stock options on March 1, 2017. Of the remaining 4,493 employee stock options, 371 have vested and 4,122 will vest on March 1, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Fraccaro Michael
2000 PURCHASE STREET
PURCHASE, NY 10577


Chief Human Resources Officer

Signatures
/s/ Craig Brown, as attorney-in-fact for Michael Fraccaro pursuant to a power of attorney dated July 11, 20168/6/2020
**Signature of Reporting PersonDate

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