Enrique Lores - Jun 29, 2021 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: Director
Signature: By: BRIAN YAMASAKI For: Enrique Lores
Stock symbol: PYPL
Transactions as of: Jun 29, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/30/2021, 05:13 PM
Next filing: Oct 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	PYPL	Common Stock	+Grant/Award	$0	+852		$0.00	852	Jun 29, 2021	Direct	F1

Explanation of Responses:

Id	Content
F1	Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock promptly following his appointment as a director of the Company. The number of shares of common stock granted represents the quotient of (A) $249,383.56 (representing the reporting person's annual equity award of $275,000, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.

Content

Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock promptly following his appointment as a director of the Company. The number of shares of common stock granted represents the quotient of (A) $249,383.56 (representing the reporting person's annual equity award of $275,000, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.

Remarks:

The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.