Blake Jorgensen - Sep 15, 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP, Chief Financial Officer
Signature
By: Brian Yamasaki For: Blake Jorgensen
Stock symbol
PYPL
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/16/2022, 07:06 PM
Previous filing
Aug 11, 2022
Next filing
May 22, 2023

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 Award $0 +10.4K $0.00 10.4K Sep 15, 2022 Common Stock 10.4K Direct F1, F2, F3
transaction PYPL Restricted Stock Units -2 Award $0 +83.3K $0.00 83.3K Sep 15, 2022 Common Stock 83.3K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F2 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.
F3 Not applicable.