Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Vosburg Craig
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2016
3. Issuer Name and Ticker or Trading Symbol
MASTERCARD INC [MA]
(Last)
(First)
(Middle)
2000 PURCHASE STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, North America
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PURCHASE, NY 10577
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 34,744.824 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right ro buy)   (2) 03/01/2021 Class A Common Stock 5,640 $ 24.036 D  
Employee Stock Option (right ro buy)   (3) 03/01/2022 Class A Common Stock 10,120 $ 42.043 D  
Employee Stock Option (right ro buy)   (4) 03/01/2023 Class A Common Stock 14,200 $ 51.83 D  
Employee Stock Option (right ro buy)   (5) 03/01/2024 Class A Common Stock 17,496 $ 77.72 D  
Employee Stock Option (right ro buy)   (6) 03/01/2025 Class A Common Stock 16,628 $ 90.13 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vosburg Craig
2000 PURCHASE STREET
PURCHASE, NY 10577
      President, North America  

Signatures

Craig Brown, as attorney-in-fact for Craig Vosburg pursuant to a power of attorney dated December 16, 2015 01/08/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Includes the following unvested awards of restricted stock units (RSUs) pursuant to the terms of a stockholder-approved stock plan: (1) 3,380 RSUs awarded on March 1, 2013, which will vest on February 29, 2016; (2) 6,850 RSUs awarded on June 18, 2013, which will vest on June 17, 2016; (3) 3,271 RSUs awarded on March 1, 2014, which will vest on February 28, 2017; 3,258 RSUs awarded on March 1, 2015, which will vest on February 28, 2018.
(2) The reporting person was awarded employee stock options on March 1, 2011, of which 5,640 remain and are fully vested.
(3) The reporting person was awarded employee stock options on March 1, 2012, which vest in four equal annual installments, beginning on March 1, 2013.
(4) The reporting person was awarded employee stock options on March 1, 2013, which vest in four equal annual installments, beginning on March 1, 2014.
(5) The reporting person was awarded employee stock options on March 1, 2014, which vest in four equal annual installments, beginning on March 1, 2015.
(6) The reporting person was awarded employee stock options on March 1, 2015, which vest in four equal annual installments, beginning on March 1, 2016.

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