Jonathan Auerbach - Dec 16, 2021 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP,Chief Strategy,Growth & Da
Signature
By: BRIAN YAMASAKI For: JONATHAN AUERBACH
Stock symbol
PYPL
Transactions as of
Dec 16, 2021
Transactions value $
-$154,398
Form type
4
Date filed
12/17/2021, 05:38 PM
Previous filing
Nov 23, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock +Options Exercise $0 +1,602 +2.78% $0.00 59,196 Dec 16, 2021 Direct F1
transaction PYPL Common Stock -Tax liability -$154,398 -818 -1.38% $188.75 58,378 Dec 16, 2021 Direct F2

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 Performance Stock Units -Options Exercise $0 -1,602 -50% $0.00 1,602 Dec 16, 2021 Common Stock 1,602 $0.00 Direct F1

Explanation of Responses:

Id Content
F1 Each performance stock unit represents a contingent right to receive one share of PayPal's common stock. One-half of the performance stock units were earned upon the completion of the acquisition of a 70% equity interest in Guofubao Information Technology Co., Ltd. (GoPay) on December 19, 2019. The other one-half of the performance stock units were earned upon, the completion of the acquisition of Honey Sciences Corporation on January 3, 2020. The performance stock units will vest ratably on the first, second and third anniversaries of the December 16, 2019 grant date.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock.