Jeffrey Karbowski - Mar 1, 2022 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
Mar 1, 2022
Transactions value $
-$120,676
Form type
4
Date filed
3/2/2022, 03:43 PM
Previous filing
Feb 16, 2022
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock +Options Exercise $0 +537 +10.5% $0.00 5,649 Mar 1, 2022 Direct
transaction PYPL Common Stock +Options Exercise $0 +1,127 +19.95% $0.00 6,776 Mar 1, 2022 Direct
transaction PYPL Common Stock +Options Exercise $0 +1,068 +15.76% $0.00 7,844 Mar 1, 2022 Direct
transaction PYPL Common Stock +Options Exercise $0 +429 +5.47% $0.00 8,273 Mar 1, 2022 Direct
transaction PYPL Common Stock +Options Exercise $0 +96 +1.16% $0.00 8,369 Mar 1, 2022 Direct
transaction PYPL Common Stock -Tax liability -$120,676 -1,133 -13.54% $106.51 7,236 Mar 1, 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 +Grant/Award $0 +1,105 $0.00 1,105 Mar 1, 2022 Common Stock 1,105 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -3 -Options Exercise $0 -1,127 -100% $0.00 0 Mar 1, 2022 Common Stock 1,127 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -4 -Options Exercise $0 -537 -100% $0.00 0 Mar 1, 2022 Common Stock 537 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -6 -Options Exercise $0 -1,068 -50.02% $0.00 1,067 Mar 1, 2022 Common Stock 1,068 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -7 -Options Exercise $0 -429 -33.36% $0.00 857 Mar 1, 2022 Common Stock 429 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -8 -Options Exercise $0 -96 -33.57% $0.00 190 Mar 1, 2022 Common Stock 96 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -9 +Grant/Award $0 +2,487 $0.00 2,487 Mar 1, 2022 Common Stock 2,487 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 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.