Peggy Alford - 15 Apr 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP, Global Sales
Signature
By: BRIAN YAMASAKI For: PEGGY ALFORD
Issuer symbol
PYPL
Transactions as of
15 Apr 2022
Net transactions value
-$1,114,156
Form type
4
Filing time
15 Apr 2022, 16:18:19 UTC
Previous filing
02 Mar 2022
Next filing
09 May 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 +14,643 +34% $0.000000 58,119 15 Apr 2022 Direct
transaction PYPL Common Stock Tax liability $742,771 -7,260 -12% $102.31 50,859 15 Apr 2022 Direct F1
transaction PYPL Common Stock Options Exercise $0 +7,321 +14% $0.000000 58,180 15 Apr 2022 Direct
transaction PYPL Common Stock Tax liability $371,385 -3,630 -6.2% $102.31 54,550 15 Apr 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 -1 Options Exercise $0 -14,643 -100% $0.000000* 0 15 Apr 2022 Common Stock 14,643 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -2 Options Exercise $0 -7,321 -100% $0.000000* 0 15 Apr 2022 Common Stock 7,321 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 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.