Jeffrey William Karbowski - 01 Mar 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
VP, Chief Accounting Officer
Signature
By: BRIAN YAMASAKI For: JEFFREY KARBOWSKI
Issuer symbol
PYPL
Transactions as of
01 Mar 2022
Net transactions value
-$120,676
Form type
4
Filing time
02 Mar 2022, 15:43:09 UTC
Previous filing
16 Feb 2022
Next filing
16 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Options Exercise $0 +537 +11% $0.000000 5,649 01 Mar 2022 Direct
transaction PYPL Common Stock Options Exercise $0 +1,127 +20% $0.000000 6,776 01 Mar 2022 Direct
transaction PYPL Common Stock Options Exercise $0 +1,068 +16% $0.000000 7,844 01 Mar 2022 Direct
transaction PYPL Common Stock Options Exercise $0 +429 +5.5% $0.000000 8,273 01 Mar 2022 Direct
transaction PYPL Common Stock Options Exercise $0 +96 +1.2% $0.000000 8,369 01 Mar 2022 Direct
transaction PYPL Common Stock Tax liability $120,676 -1,133 -14% $106.51 7,236 01 Mar 2022 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 -10 Award $0 +1,105 $0.000000 1,105 01 Mar 2022 Common Stock 1,105 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -3 Options Exercise $0 -1,127 -100% $0.000000* 0 01 Mar 2022 Common Stock 1,127 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -4 Options Exercise $0 -537 -100% $0.000000* 0 01 Mar 2022 Common Stock 537 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -6 Options Exercise $0 -1,068 -50% $0.000000 1,067 01 Mar 2022 Common Stock 1,068 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -7 Options Exercise $0 -429 -33% $0.000000 857 01 Mar 2022 Common Stock 429 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -8 Options Exercise $0 -96 -34% $0.000000 190 01 Mar 2022 Common Stock 96 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -9 Award $0 +2,487 $0.000000 2,487 01 Mar 2022 Common Stock 2,487 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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.
F5 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.