Mark Britto - Jul 15, 2021 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP, Chief Product Officer
Signature
By: BRIAN YAMASAKI For: MARK BRITTO
Stock symbol
PYPL
Transactions as of
Jul 15, 2021
Transactions value $
-$344,248
Form type
4
Date filed
7/16/2021, 04:16 PM
Next filing
Aug 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock +Options Exercise $0 +2,949 +2.36% $0.00 128,036 Jul 15, 2021 Direct
transaction PYPL Common Stock -Tax liability -$344,248 -1,161 -0.91% $296.51 126,875 Jul 15, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PYPL Restricted Stock Units -4 -Options Exercise $0 -2,949 -100% $0.00 0 Jul 15, 2021 Common Stock 2,949 Direct F2, F3, F4

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
F2 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock
F3 The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary date of the restricted stock unit, 33.33% on the second year anniversary, and 33.33% on the third year anniversary. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F4 Not applicable.