Jeffrey Karbowski - Nov 15, 2021 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
VP, Chief Accounting Officer
Signature
By: BRIAN YAMASAKI For: JEFFREY KARBOWSKI
Stock symbol
PYPL
Transactions as of
Nov 15, 2021
Transactions value $
-$128,799
Form type
4
Date filed
11/16/2021, 03:42 PM
Previous filing
Aug 17, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock +Options Exercise $0 +1,221 +19.86% $0.00 7,368 Nov 15, 2021 Direct
transaction PYPL Common Stock -Tax liability -$128,799 -606 -8.22% $212.54 6,762 Nov 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 -5 -Options Exercise $0 -1,221 -50% $0.00 1,221 Nov 15, 2021 Common Stock 1,221 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.

Remarks:

Amount of securities beneficially owned following reported transaction in the first row includes 11 shares acquired under PayPal's Employee Stock Purchase Plan.