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

Role
Director
Signature
By: BRIAN YAMASAKI For: Enrique Lores
Issuer symbol
PYPL
Transactions as of
29 Jun 2021
Net transactions value
$0
Form type
4
Filing time
30 Jun 2021, 17:13:27 UTC
Next filing
05 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Award $0 +852 $0.000000 852 29 Jun 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.

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.